China Association for International Economic Cooperation interested in establishing regional logistics warehouses in Azerbaijan

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The Azerbaijan Export and Investment Promotion Agency (AZPROMO) hosted a meeting with a delegation led by Wang Weiwei, Vice Chairman of China Association for International Economic Cooperation (CAFIEC) and Director of International Investments and Cooperation Committee.

During the meeting, Yusif Abdullayev, AZPROMO Executive Director, highlighted the agency's activities, the favorable business environment created for investors in Azerbaijan, as well as the reconstruction work underway in the liberated territories. He reiterated AZPROMO’s commitment to fully support the Chinese companies in expanding their activities in Azerbaijan.

The CAFIEC Vice Chairman underscored that the concessions and incentives applied in the liberated territories increase the investment attractiveness of these areas. The Vice Chairman expressed their interest in participating in the reconstruction works in the liberated territories and establishing regional logistics warehouses in Azerbaijan.

During the meeting, the sides also exchanged views on the opportunities for attracting investments in the pipe industry, sanitary equipment and ceramic products manufacturing in Azerbaijan, logistics sectors, as well as prospects for partnership in these areas, implementation of investment projects and development of joint activities.

Economy