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Azerbaijan, Czech Republic have very broad co-op platform (Exclusive)

Business Materials 2 May 2018 20:45 (UTC +04:00)

Baku, Azerbaijan, May 2

By Ali Mustafayev – Trend:

Azerbaijan and the Czech Republic have a broad platform for the development of bilateral cooperation, which includes projects in areas of priority for both countries, the Czech Ambassador in Azerbaijan Vitezslav Pivonka said in an interview with Trend.

"The Czech Republic is a country with a highly developed industry, beginning from food production and ending with aircraft construction,” he said. “Our companies have already successfully proven themselves in Azerbaijan by participating in various projects in the field of transport infrastructure."

The ambassador also stressed that the list of projects with the Czech Republic’s share includes the Baku-Tbilisi-Kars railway, which is of strategic importance not only for Azerbaijan, but also for a big number of eastern and western countries.

"We will continue our cooperation in this field with great pleasure,” Pivonka said. “Our companies are also ready to contribute to the development of Azerbaijan in other areas. I see great potential in agriculture, energy, chemical industry, electrical engineering and machine building."

Speaking about engineering, the ambassador said that in this area Azerbaijan and the Czech Republic have already achieved significant breakthrough, adding that the licensed production of TATRA trucks is to be arranged at the Ganja Automobile Plant soon.

"Cooperation between our countries will also develop in other areas," the ambassador said. “Today, the Czech Republic is among the top 10 most important foreign investors in Azerbaijan. This fact may seem surprising for someone, but the Czech state and private banks have recently invested over $2.5 billion in Azerbaijan. I am sure that the two countries must continue to cooperate successfully in the future."

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Follow the author on Twitter: @Ali_Mustafayev

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