Azerbaijan strengthening its industrial potential - President Aliyev

  18 July 2018    Read: 3053
Azerbaijan strengthening its industrial potential - President Aliyev

Azerbaijan is modernizing and strengthening its industrial potential, Azerbaijani President Ilham Aliyev said.

He made the remarks July 18 at the opening of a polypropylene plant built within the SOCAR Polymer project in Sumgait Chemical Industrial Park in Azerbaijan.

The Azerbaijani president said that the export potential of Azerbaijan will increase significantly as a result of commissioning the polypropylene plant and a polyethylene plant at the end of the year.

“Both plants will annually produce 300,000 tons of products, and 70 percent of the output will be exported to foreign markets,” Ilham Aliyev said. “Thus, Azerbaijan will completely eliminate dependence on imports and a great volume of non-oil exports will be created in the country.”

Azerbaijani President Ilham Aliyev also touched on the opportunities for the work of Italian companies offered in Azerbaijan.

“Today, President Sergio Mattarella’s official visit to Azerbaijan started,” Ilham Aliyev said. “This is a historic visit, because the president of Italy is making his first visit to Azerbaijan. Negotiations and an exchange of views held during the visit clearly demonstrate the high level of the Italian-Azerbaijani ties. We are strategic partners in the full sense of this word. We are friends. There are many projects and common interests that unite us.”

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