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Lithuania seeks for more Azerbaijani green field investments - vice-minister

Oil&Gas Materials 11 June 2021 10:27 (UTC +04:00)
Lithuania seeks for more Azerbaijani green field investments - vice-minister

BAKU, Azerbaijan, June 11

By Leman Zeynalova - Trend:

Lithuania seeks for more Azerbaijani green field investments in the country especially within high-value added and innovative service sectors (health and life sciences, as well as high technologies), Vice-Minister of Foreign Affairs of the Republic of Lithuania Egidijus Meilūnas told Trend.

“We can offer favorable investment environment, highly qualified employees, perfect logistics and infrastructure (IT and communications), competitive operating costs and living standards. Companies operating in the fields of manufacturing, data processing or web server services can benefit from the Green Corridor,” he added.

Meilūnas noted that this package of laws offers significant tax incentives and dramatically cuts red tape, making it quicker and easier for international businesses to establish and grow large-scale operations in Lithuania.

“We invite Azerbaijan businesses to take advantage not only of favorable conditions in Lithuania, but also of the benefits provided by the Green Corridor and to make the best of it,” the vice-minister said.

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