Malaysia looking for potential of business opportunities in Azerbaijan
BAKU, Azerbaijan, September 9
By Jeila Aliyeva - Trend:
Many Malaysian companies are looking at the potential of business opportunities in Azerbaijan, Ambassador of Malaysia to Azerbaijan Dato’ Yubazlan Yusof told Trend.
“We have and continue to encourage Malaysian companies to be involved in the dynamics of Azerbaijan economic spheres,” added the ambassador.
The ambassador noted that if the conditions are conducive and there are available opportunities, Malaysia would like to welcome all possible and potential joint projects and collaborations in the future from both sides.
In terms of exciting cooperation, the ambassador noted that Malaysia’s investment in Azerbaijan is currently focused on the oil and gas industry.
“As a global energy and solutions company, PETRONAS portfolio includes conventional and unconventional resources and a diverse range of fuel, lubricant and petrochemical products,” he added.
"If we are given the right opportunity, Malaysian collaboration in these field could be extended with Azerbaijan in the future," he noted, adding that among the non-oil sectors of Azerbaijan, Malaysia is interested in tourism industry, alternative banking, information technology & multimedia, as well as education.
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