Gulf Companies Eye Business Opportunities In Azerbaijan
Date
9/26/2024 5:11:37 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 26. Companies from
the Gulf countries are showing interest in doing business in
Azerbaijan, Chairman of the Oman Chamber of Commerce and Industry
(OCCI) Faisal bin Abdullah Al Rawas told reporters, Trend reports.
"Many companies are showing interest in sectors such as food
security, logistics, and industry. Yesterday, we visited the free
economic zone and familiarized ourselves with the business support
measures. Business owners from the Gulf countries viewed these
incentives very positively, and we hope that investments will
follow soon," he said.
Al-Rawas also noted that a memorandum of understanding was
signed today, aimed at expanding cooperation between the Gulf
countries and Azerbaijan.
"We see that the development in Azerbaijan opens up a promising
future for us, and we are striving to attract additional
investments," he added.
The second Azerbaijan-GCC (Gulf Cooperation Council) economic
forum is being held in Baku.
The event is featuring panel discussions themed "Cooperation on
renewable energy, clean energy, electricity, and water projects",
"Challenges and opportunities in the transport and logistics
sectors between Azerbaijan and the Gulf Countries", and "Strategic
partnership between Azerbaijan and Gulf countries in agriculture,
food security, and the food industry".
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