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Czech Republic ready to invest in over 30 projects in Azerbaijan

Economy Materials 15 September 2015 22:13 (UTC +04:00)
Czech Republic is ready to invest in more than 30 projects in Azerbaijan
Czech Republic ready to invest in over 30 projects in Azerbaijan

Baku, Azerbaijan, Sept. 15

By Maksim Tsurkov - Trend:

Czech Republic is ready to invest in more than 30 projects in Azerbaijan, Czech President Milos Zeman told reporters Sept.15.

He made the remarks responding to a question about the possible directions of Czech investments in Azerbaijan.

"The most promising ones are the options for cooperation in the sphere of railways construction, the supply of railcars, locomotives, as well as cooperation in the energy sector not only in Azerbaijan but also in Georgia," Zeman said.

He went on to add that cooperation in the field of agriculture with dozens of the most diverse projects and the transport sector are also the promising directions of Czech investments.

"We are also ready to cooperate in the supply of weapons, freight transportation," he said. "I would like Czech cars to become more widespread in Azerbaijan. In total, there are more than 30 projects in which we could invest."

In January-July 2015, the trade turnover between Azerbaijan and Czech Republic amounted to $440.93 million, according to the State Customs Committee (SCC) of Azerbaijan.

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