Azerbaijan is set to invest $2 million in a high-tech nursery, an olive garden, and olive processing facilities in Dagestan, as announced at SPIEF 2024 by Ramin Seifullaev, the founder of S.R.Plast. The nursery will be built using modern technologies, marking the potential start of the region's olive industry. The company also plans to establish olive processing facilities. Dagestan is viewed as a strategic partner for its investment potential in the fruit and vegetable sector.