Baku, Azerbaijan, Dec. 15
Trend:
President of the Republic of Azerbaijan Ilham Aliyev received Chairman of the Board and Chief Executive Officer at Danieli & C. Officine Meccaniche S.p.A Gianpietro Benedetti Dec. 15.
Benedetti hailed great attention of national leader of the Azerbaijani people Heydar Aliyev to the development of metallurgy in the country. He said he was deeply impressed with the ongoing steady development processes in Baku.
Benedetti informed the president about the joint projects in metallurgy in Azerbaijan.
He said a huge metallurgical cluster including five large metallurgical factories will be created in Sumgayit as part of these projects.
He said that establishing these clusters will ensure the operation of the Dashkasan Ore Dressing Plant at full capacity.
It will also ensure the creation of an integrated value chain of metallurgy from raw materials to a variety of new products in Azerbaijan, he said.
Benedetti said all these projects are expected to be financed by European banks and private investors.
President Aliyev said wonderful conditions exist in Azerbaijan for entrepreneurs. The president said Azerbaijan was interested in attracting foreign investors.
President Aliyev noted that the government would continue taking necessary measures to protect the interests of investors and all entrepreneurs.