We Have Big Expectations With Respect To Future Activity Of Alat Free Economic Zone - President Ilham Aliyev
(MENAFN- Trend News Agency) SHUSHA, Azerbaijan, May 4. “We have big
expectations with respect to the future activity of the Alat Free
Economic Zone, which has a very solid legal foundation and the
rules of the zone, I think, are, should be very attractive for
investors. And it is in the process of completion. I mean, the
first installation of the first infrastructure. So, we want to use
this opportunity to become the place for manufacturing, for more
business opportunities,” said President of Azerbaijan Ilham Aliyev
as he addressed the 4th international conference on“Shaping the
Geopolitics of the Greater Eurasia: from Past to Present to Future”
organized by ADA University to mark the 100th anniversary of
National Leader Heydar Aliyev in Shusha.
“Taking into account the improving business climate in
Azerbaijan, big reforms in the area of taxation and customs
administration and, in general, reforms on transparency of all our
financial system, I think, there's a big potential. Plus of course,
geographical location, because Azerbaijan as I already said, is not
only East-West corridor country, but North-South. We're just on the
juncture. And with all the transportation routes open and almost
all of them fully modernized, of course, there is a big potential.
But again, we want to look at these opportunities from broader
picture, not just to be a transitor, it is not enough and there is
a potential, I think, which is here,” the President of Azerbaijan
underlined.
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