North Caucasus Development Corporation and Dagestan Development Corporation sign agreement

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Makhachkala, October 3, 2016. On October 1, the North Caucasus Development Corporation and Dagestan Development Corporation signed an agreement on realization of the investment project "Golden Sands", as well as a number of innovative projects, one of which envisages establishing a serial plant for atomic technology production within the framework of the International Investment Forum in Sochi.

Dagestan Head Ramazan Abdulatipov and the first Deputy Prime Minister for the Affairs of Northern Caucasus, the Chairman of the Board of Directors of “KRSK” JSC Odes Baysultanov attended the solemn signing ceremony.

Recall, "Golden Sands" construction project of tourist-recreational complex is being realized near Derbent. The hotels, cottage village, restaurants, water parks, water attractions, sports facilities, as well as a mooring for boats and yachts will be built on the territory of 7 hectares.

As to the CEO Dagestan Development Corporation Alexander Ivanchenko, the agreement with the "Northern Caucasus Development Corporation" OJSC has been signed in order to attract investments and the efficient use of international network of Hilton hotels and other world leaders.


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