Azerbaijani company implements a $155 million project in Tatarstan

12:43 - 22.12.2023


December 22, Fineko/abc.az. Asera Group (Azerbaijan) plans to implement agricultural projects in Kukmor district of Tatarstan (Russia) with total cost of $155 million at the first stage, ABC.AZ reports, quoting company’s founder Ali Elvin.

Elvin said at a meeting of the Investors Club that two projects are to be implemented in the republic: construction of greenhouse complexes and a meat processing plant. Kukmor district was chosen as the site. Investments in the first stage of each of the projects will amount to $75 million and $80 million, respectively.

"We see many positive aspects for business development in Tatarstan. Tatarstan is a republic close to us, we want to develop and implement projects here," Elvin said.