BAKU, Azerbaijan, September 25. As many as 11 documents outlining cooperation across various sectors were signed between Azerbaijan and foreign partners during the 2nd Azerbaijan International Investment Forum held in Baku today, Trend's correspondent reports from the event.
The documents cover a wide range of areas, including construction and development, renewable energy, high technologies, agriculture, veterinary services, pharmaceuticals, investment, water resource management, sports, investment promotion, and digital technologies.
The signed memorandums of understanding include:
- Cooperation in construction and development. The document was signed by Azerbaijan's Deputy Minister of Economy Anar Akhundov and Ta Ngoc Da, Deputy General Director of ROX Group JSC.
- Cooperation in developing Azerbaijan's digital economy. The document was signed by Azerbaijan's Deputy Minister of Economy Azer Bayramov and Gabriela Popescu, General Manager of Microsoft Romania, Moldova & CIS.
- Cooperation on solar and wind energy projects in Azerbaijan. The document was signed by Azerbaijan's Deputy Minister of Energy Elnur Soltanov and Pham Minh Tuan, Chairman of the Executive Board of Energy Companies – ROX Group.
- Production of silicon carbide, silicon oxide and silicon using new technologies. The document was signed by Valeh Alesgerov, Chairman of the Board of the Alat Free Economic Zone's authorized body, and Vitaliy Yevdokimenko, founder of Inoyest AFEZCO.
- ABAK-WASSERSTEIN Azerbaijani-Swiss plantation and processing projects. The document was signed by Agstafa District Executive Authority head Seymur Orujov and Zoltan Péter Sztuchlik, representative of Swiss company iCsquared GmbH.
- Poultry complex project in Aghdam. The document was signed by Ulvi Mansurov, Chairman of the Board of Azerbaijan's Entrepreneurship Development Fund, Niyazi Amirbekov, General Director of AgroDairy LLC, and Petr Cingr, Deputy Chairman of the Board of AGROFERT, a.s.
- Veterinary vaccine production project. The document was signed by Ulvi Mansurov, Chairman of the Board of Azerbaijan's Entrepreneurship Development Fund, and Abdullah Tutak, Director of VETAL HAYVAN SAĞLIĞI ÜRÜNLERİ A.Ş.
- Pharmaceutical manufacturing facility. The document was signed by Ulvi Mansurov, Chairman of the Board of Azerbaijan's Entrepreneurship Development Fund, and Ondrej Dragun, Chief Financial Officer of Saneca Pharmaceuticals, a.s.
- Acquisition of a non-controlling stake in Azər-Türk Bank by the Azerbaijan-Oman Private Equity Fund. The document was signed by Acting General Director Dayanat Sadullayev and Saif Al-Mahrouqi, Senior Manager for G2G Funds at the Oman Investment Authority.
- Cooperation between Esyasoft, ADSEA and SOCAR. The document was signed by SOCAR President Rovshan Najaf, Esyasoft representative Bibin Chandra and Zaur Mikayilov, Chairman of the State Agency for Water Resources of Azerbaijan (ADSEA). The handwritten section also lists Samir Suleymanov, Executive Director / special state body.
- Cooperation between Azerbaijan and Ukraine in investment promotion. The document was signed by Yusif Abdullayev, Executive Director of AZPROMO, and Maryna Khlystun, Executive Director of UkraineInvest.
The 2nd Azerbaijan International Investment Forum is being held in Baku.
The two-day forum is organized by Azerbaijan's Ministry of Economy and the Azerbaijan Export and Investment Promotion Agency (AZPROMO), under the ministry, in strategic partnership with The European House – Ambrosetti.
The forum's plenary and panel sessions will address strategic topics including the Middle Corridor, energy and the green transition, artificial intelligence and digital transformation, infrastructure, industry and free economic zones, critical raw materials, agribusiness, financial cooperation, small and medium-sized business development, tourism, and investment in real estate and human capital.
