Belgian Companies Interested in Construction Sector in Azerbaijan

Business Materials 3 October 2007 14:58 (UTC +04:00)

Azerbaijan, Baku / Trend corr. U.Ismaylova / Belgian companies are interested in the construction sector in Azerbaijan, Alakpar Mammadov, the head of the National Confederation of Entrepreneurs, said during the Azerbaijani-Belgian business forum on 3 October.

Despite bilateral turnover between Azerbaijan and Belgium increasing Azerbaijan is not satisfied with the results, Mammadov said.

Trade turnover between Azerbaijan and Belgium made up $17mln in 2001, $20,9mln in 2006 and $21,2mln from January to August 2007.

Three of the biggest companies in Belgian, Bocad, Diamant Boart-Husqvarna Belgium SA and Coversys, took part in the business forum.

Twenty-five Azerbaijani local construction companies participated in the forum.