Participation Of Saudi Arabian Investors In Azerbaijan's Industrial Parks Debated (PHOTO)
Date
10/1/2024 8:08:15 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 1. Azerbaijani
Economy Minister Mikayil Jabbarov has met with a delegation headed
by Chairman of the Federation of Saudi Chambers of Commerce Hassan
Moejeb Alhwaizy, Trend reports.
Meanwhile, it was noted at the meeting that economic ties
between Azerbaijan and Saudi Arabia are successfully developing.
Favorable environment for investors in our country; importance of
the project implemented by Saudi company“ACWA Power” in Azerbaijan
in the field of alternative and renewable energy was noted.
Furthermore, it was emphasized that the Azerbaijan-Saudi Joint
Business Council is an effective mechanism in terms of realization
of opportunities in the directions of expansion of investment
cooperation and increase of bilateral trade turnover. The
importance of strengthening joint activities for diversifying the
economy and ensuring sustainable development in both countries was
emphasized.
The sides discussed opportunities to promote bilateral
investments and trade relations, the establishment of joint
ventures, and the and the participation of Saudi Arabian investors
as residents in Azerbaijan's industrial parks.
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