...

AZPROMO discloses number of applications for reconstruction work in Karabakh

Business Materials 19 November 2022 14:01 (UTC +04:00)
AZPROMO discloses number of applications for reconstruction work in Karabakh
Sadraddin Aghjayev
Sadraddin Aghjayev
Read more

BAKU, Azerbaijan, November 19. Over 1,400 applications have been received for reconstruction activities on Azerbaijan's liberated lands, so far, the Export and Investment Promotion Agency of Azerbaijan (AZPROMO) told Trend.

According to AZPROMO, 400 applications out of the total number were submitted from international organizations.

"An additional package of benefits is being prepared for investors who will be engaged in Karabakh projects," the agency said.

The statement noted that 20 out of the total number of international applications were received from Russian companies.

"Our agency is making efforts to attract Russia's Belaya Dacha and TechnoNICOL companies to the Azerbaijani market. These organizations held meetings in Baku and some Russian cities on the sidelines of various events," said the agency.

Earlier, AzAbrau LLC, the Russian Abrau-Durso Group's subsidiary, won an investment contest for the acquisition of a stake in Shaki Sharab LLC. Thus, the Group entered the Azerbaijani market.

Tags:
Latest

Latest