‘’ROYAL Holding CJSC’’ is involved in the implementation of the “Strategic Roadmap”, which is developed in line with the development strategy of the country, political stability, including in the large-scale construction of socio-economic sphere, as well as in accordance with the new development strategy both directly and indirectly.
‘’APA-Economics’’ reports that one of the main goals of the company is to achieve the creation of international competitive recreation centers, agrarian complexes and production facilities in foreign investment in tourism, construction, agriculture and other spheres.
Director of ‘’ROYAL Holding CJSC’’ Ramil Kerimli said at the event that rapid development of tourism in the country is a priority for involving foreign investors in this field and development of tourism potential of the country, and this development is in the focus of attention of the company.
‘’Works on improving tourism infrastructure, resort hotels, health and entertainment centers are underway.In this field, the company closely cooperates with relevant ministries (Ministry of Culture and Tourism, Ministry of Economy) and local executive authorities. Thus, increasing the employment rate of the country’s population is one of the key issues in the focus. Implementation of each project planned to be executed will play an exceptional role in the development of the region as well as the opening of new jobs.’’ ROYAL Holding CJSC’’ gives considerable impetus to attracting non-oil investment in the country, and this factor is particularly well developed
‘’ROYAL Holding CJSC’’ is a joint venture between ‘’Başak İnşaat’’ and ‘’AZERBAIJAN STELLA RESIDENCE’’, which is being implemented by China’s ‘’KUNMING & SWISS’’ company. The involvement of foreign inverts, as well as the expansion of the private sector’s activity in the development of the non-oil sector, is of great importance here. A total of 54 floors of a magnificent building will be constructed in Baku, which will have two floors in the White City.
Additionally, the company, which supports the development of the agrarian sector in Azerbaijan, will implement a project on construction of a livestock complex in 500 hectares of land in Samukh region. Meat and meat products will be exported to 500 heads of special kinds of beef cattle. Azerbaijani products will be available for sale in Russia, Georgia, Turkey and other countries under the brand ‘’Made in Azerbaijan’’. The company will also take an active part in the implementation of a number of socially-oriented programs at the expense of investment income in the regions where the projects are implemented. It is planned to build schools, gardens and other social projects. There are 3 schools and 2 kindergartens in Goygol, 3 schools in Gusar, kindergartens for 100 children and children’s gardens for 80 people, two kindergartens in Samukh and Ganja, schools for 480 and 264 pupils, and school for 1200 pupils in Dalimammadli village .
R. Kerimli noted that this year some of these projects are planned to be started.
R. Kerimli noted that in the future the implementation of a new technological project in the White City Boulevard is planned: “The design of this project is being prepared and we are in the process of negotiations with investors. The project itself is a creative project. Thus, the building is able to supply itself with utility needs through wind, water, and other natural factors. Therefore, as this project is more technologically more complicated, it will take some time to prepare employee drawings for a while. For example, with special high-tech filters to be installed in the same building, it is expected that water will be discharged from the sea and provided with water. At the initial stage of the project it is expected to involve experts from Korea and China. This project does not involve the involvement of a single investor. It is a project rising gradually as a result of various investments. “