Baku, Azerbaijan, Sept.24
By Leman Zeynalova - Trend:
German Investment Corporation (DEG) is ready to invest in Azerbaijan’s private sector projects, the DEG told Trend.
“DEG is active in Azerbaijan since early 2000s. DEG has supported several local private banks with long term financing and various technical assistance programs. Furthermore, DEG has successfully supported an investment of an international company producing building materials in the country,” said the company.
“We are ready to make investments in private-sector projects in different sectors of the economy, i.a. manufacturing, processing of agricultural products and logistics.”
In future DEG said it aims to develop further its activities in Azerbaijan supporting sustainable private investment projects with access to long-term financing and business support programs.
“For more than 55 years DEG has been a reliable partner to private-sector enterprises operating in developing and emerging-market countries. We provide our customers with tailor-made solutions, including financing, promotional programs and advice tailored to individual needs. They can thus develop successfully and sustainably, while generating local added value and creating qualified jobs,” said the company.
“With our portfolio of around EUR 8.3 billion in over 80 countries we’re one of the world’s largest private-sector development financiers.”
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