Makhachkala, October 3, 2016. On October 1, Dagestani Head Ramazan Abdulatipov met with Chinese investors in the framework of the XV International Investment Forum in Sochi.

"We work closely with our Chinese partners over the number of promising large-scale projects nowadays. We will be glad to hear your suggestions, "- Ramazan Abdulatipov said, welcoming the foreign guests of the forum.

In his turn, the representative of the Chinese company which produces ceramic foamed ceramics, Hinglong Wei announced its intention to supply Dagestan with the equipment for the production of innovative materials.

"It can be used as a thermal insulator, wall and floor covering, sound insulator. Besides, the material has a strength level of light and ultralight concrete, suitable for cladding, waterproof and fire resistant, and is produced from clay or mud, "- the businessman noted.

Having heard the Chinese entrepreneurs, Ramazan Abdulatipov stated its readiness to support the initiative of the plant facilities. "The territory for the investment area construction, the creation of engineering infrastructure, we take upon ourselves," – Abdulatipov concluded.

The Chinese investors called such an opportunity so high enough. Note, that the total cost of the project makes about $ 20 million.