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Azerbaijani-Chinese JV discloses plans to open new production lines

Business Materials 24 September 2019 17:48 (UTC +04:00)

Baku, Azerbaijan, Sept. 24

By Matanat Nasibova – Trend:

The joint Azerbaijani-Chinese joint venture, the combi boiler production plant Elektrogas LLC, envisages the opening of new lines for the production of combi boiler heating systems, director of the company Elnur Jamilli told Trend.

"We plan to open several production lines next year,” he said. “We expect to begin this process in March-April 2020. At the same time, we plan to produce up to 100,000 combi boilers at the plant in the near future."

Local and Chinese investments in the amount of two million manats were invested in creation of the plant.

The company plans to increase investments up to 11 million manats in the future.

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