Azerbaijan, Kazakhstan discuss creation of JV
Azerbaijan, Baku, Feb. 23 / Trend A.Hasanov /
Aktobe province has great investment opportunities, and participation of more than 80 representatives of the Azerbaijani business at the business forum held in Baku on Thursday confirms their great interest in Kazakhstan's economy, president of Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Adil Mammadov said on Thursday.
"At present we are discussing possibility of establishing joint ventures in Kazakhstan and Azerbaijan, as well as the export of Azerbaijani goods in Aktobe," Mr Mammadov said.
He said in Azerbaijan export potential, especially in the food industry increases each year. And the Kazakh market has traditionally been a profitable market for Azerbaijan, and market of Aktobe province is one of them.
As part of the business forum investment projects in the engineering, construction, agricultural areas, in the food industry and other sectors of the economy of Aktobe province were presented
The province's turnover with Azerbaijan exceeds $40 million, which means that Azerbaijan ranks third among province's largest foreign trade partners.