Azerbaijan to invite Japanese investors, companies to participate in reconstruction work in liberated Karabakh

  04 October 2021    Read: 111
  Azerbaijan to invite Japanese investors, companies to participate in reconstruction work in liberated Karabakh

Japanese investors and companies will be invited to participate in the reconstruction work in Karabakh, President of the National Confederation of Organizations of Entrepreneurs (Employers) of Azerbaijan Mammad Musayev, said on October 4 during the Japan-Azerbaijan Investment Forum held in Baku, AzVision.az reports.

Musayev said that in order to encourage investment in Azerbaijan, a number of incentive programs and relevant economic zones are being created.

"Japanese companies in Azerbaijan work in the fields of oil and gas, as well as in agriculture. Last year, the trade turnover of our countries exceeded $200 million, and the growth of this sector in the near future will increase up to four times," he added.

Musayev also noted that hundreds of projects have already been commissioned in Azerbaijan for the entire period of cooperation at the expense of Japanese loans.


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