Azerbaijan’s special economic zones offer all the favorable conditions necessary for conducting business, said Ali Asadov, Azerbaijan’s Prime Minister, during the 2nd Azerbaijan-Türkiye Investment Forum held in Baku.
Highlighting the Alat Free Economic Zone, which features a highly attractive investment climate, Prime Minister Ali Asadov emphasized: “A number of Turkish companies are already operating in the mentioned special economic zones. We observe good prospects here for cooperation in investment. Therefore, we invite Turkish companies to take a more active role.”
The Azerbaijani PM also underscored the role of the global projects, which Azerbaijan and Türkiye jointly participate, in the development of trade relations between the two countries.
“The importance of the Middle Corridor, which passes through the territories of the two countries, and plays a strategic role not only for our region but also for the expansion of global trade and transport connections, is steadily increasing. The trade facilitation reforms increase the digitalization of the Middle Corridor, which in turn has a positive impact on the freight transportation and trade dynamics of Azerbaijan and Türkiye, as well as the region. Over the past three years, the volume of freight transportation through the Middle Corridor via Azerbaijan has increased by 90 percent," Ali Asadov added.
