Tuesday, 02 January 2024 12:17 GMT

China's Business Giants Keen To Plant Roots In Azerbaijan


(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 23. A total of 20 companies from 12 Chinese provinces are interested in investing in Azerbaijan, Secretary General of the China Overseas Development Association, He Zhenwei said at the 1st Azerbaijan International Investment Forum in Baku, Trend reports.

"I came to this forum with 20 Chinese companies, almost all of them private companies. They are also interested in investing in Azerbaijan. I consider it extremely important to hold this investment forum in Azerbaijan – it's an excellent platform for dialogue.

We see that participants come from various countries: in addition to China, also from Europe. This is undoubtedly an important event for attracting foreign investment," he also said.

According to him, Azerbaijan should pay special attention to Chinese investment.

The focus is currently shifting from the oil sector to other manufacturing industries, which is especially important for the country.

Priorities include Caspian Sea shipping and the development of green energy.

MENAFN23092025000187011040ID1110098134

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search