Azerbaijan to invest in oil refinery in Tajikistan
Azerbaijan, Baku, July 13 /Trend V.Zhavoronkova/
Azerbaijan and Tajikistan plan to invest in an oil refining company in Tajikistan, President Emomali Rahmon's press service said on Friday.
This issue was discussed at a meeting of Rahmon with the leadership of a joint venture established by SOCAR and Foster Wheeler in Baku. It was noted that this joint venture is ready to develop a feasibility study for the enterprise.
During the meeting they discussed issues of cooperation in exploring and refining industry in Tajikistan.
President of the Republic of Tajikistan also visited a number of other industrial enterprises of Azerbaijan and held constructive discussions regarding cooperation with the relevant structures of the country.
Rahmon visited the plant for the production of solar panels, where he got acquainted with the activities of the plant. The president also traveled to Sumgait Technology Park (STP), which produces various equipment and spare parts for electrical substations, including a variety of cables, insulators, solar panels, low voltage and high voltage electrical cables for use in industry and everyday life. It was noted that 50 tons of aluminum is used in the year for the
production of electrical cables that are made of aluminum and copper.
The head of Tajikistan visited the company Green Tech, included in the Azersun. The company cultivates tomatoes and other vegetables in the area of 10 hectares of greenhouses, six thousand tons of production is made up in a year. It was noted that only 1.5 months in a year set aside for seed processing and preparation of land, and 10.5 months for
harvesting. Most of the products exported to European countries at low prices.
During the meeting with Rahmon, investors of this company expressed interest in establishing a similar enterprise in Tajikistan, which has favorable soil and climate.