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Azerbaijan Investment Company and Kuwait Finance Foundation to Discus Prospects of Co-operation

Business Materials 9 March 2007 19:51 (UTC +04:00)

Azerbaijan, Baku / corr. Trend I.Khalilova / The Executive Director of Azerbaijan Investment Company JSC, Anar Akhundov, said that the delegation of the Kuwait Finance House (it also includes Kuwait Development Foundation) is expected to make a visit to Baku on 13 March. "We plan to co-operate with the Kuwait Finance House in various directions. It may be its participation in large-scale projects joined by the Investment Company as stakeholder," Akhundov said. In addition, the Investment Company has offered the Kuwait House the idea to create joint foundation in Azerbaijan to finance projects.

The third direction of the co-operation within Public Private Partners is the co-operation of the private and state companies. "We expect a number of proposals from Kuwaiti experts," Akhundov said.

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