New Cargo Airport that will be located at the territory of the AFEZ

Mar 07, 2024

The representatives of leading German companies visited the Alat Free Economic Zone (AFEZ) and met with the Chairman of the Board of AFEZ Authority, Mr. Valeh Alasgarov. The visit was organized by the German Eastern Business Association. The delegation was led by Mr. Michael Harms, Managing Director of the German Eastern Business Association.

 

During the meeting, Mr. Alasgarov provided detailed information about main activities of the AFEZ, its strategic geographical location, unique legal framework, as well as about the industrial land plots with ready-to-use off-site and on-site infrastructure and utilities, and the fiscal and non-fiscal incentives package for the investors.

 

Afterwards, Mr. Jawad Dbila, Managing Director of Silk Way AFEZCO, informed the delegation about new Cargo Airport that will be located at the territory of the AFEZ and will serve the needs of AFEZ investors, as well as other clients in international cargo transportation. Following this, Mr. Zaur Akhundov, President of Silk Way Group, talked about strategic importance of the Cargo Airport and its significance for the investors of AFEZ and other clients.

LATEST

FMO provides Bank Respublika with USD 65 million loan

News

Bank Respublika signs the largest loan agreement among private banks in Azerbaijan

EU and Azerbaijan deepen transport cooperation at second transport dialogue

News

On 9 October, the European Commission and the Ministry of Digital Development and Transport of Azerbaijan held the second High-Level Transport Dialogue, co-chaired by Minister Rashad Nabiyev and Director-General Magda Kopczyńska.

EU-Azerbaijan relations enter new phase of cooperation - German ambassador

News

Relations between the European Union and Azerbaijan have entered a new stage of dynamic development, according to German Ambassador to Azerbaijan Ralf Horlemann

Azerbaijani, Italian presidents highlight energy, education partnership during Baku talks

News

Aliyev, Mattarella stress growing strategic ties, cooperation on EU relations, inaugurate Italy-Azerbaijan University

EBRD issues AZN 50 million bond in Azerbaijan

News

The European Bank for Reconstruction and Development (EBRD) will issue bonds in Azerbaijan for the first time

EU strengthening support to Azerbaijan, Commissioner Kos says

News

EU has reaffirmed its support for normalization process between Azerbaijan and Armenia and regional connectivity in the South Caucasus, EU Commissioner for Enlargement Marta Kos said upon results of her visit to the region.

Minister: Azerbaijan, EU have broad opportunities in renewable energy

News

Opportunities between Azerbaijan and European Union (EU) countries extend beyond traditional energy and are also broad in the field of renewable energy, according to Azerbaijani Economy Minister Mikayil Jabbarov.

Belgian companies see partnership shots with Azerbaijan via Middle Corridor - Stef Goris

News

Over the next three to five years, a significant growth in the potential for cooperation between Azerbaijan and Belgium is expected, particularly in the logistics sector, as many Belgian companies are showing active interest in the Middle Corridor, Stef Goris, Chairman of the Belgian-Azerbaijani Chamber of Commerce.

Belgian ambassador: Azerbaijan-Armenia-US agreement to boost Middle Corridor potential

News

The strategic significance of the Middle Corridor, which connects Europe with Central Asia and beyond, is growing rapidly, Belgium"s Ambassador to Azerbaijan, Julien de Fraipont, said.

Moody's: Azerbaijan becomes regional leader in renewable energy dev't

News

Growing interest from foreign investors in Azerbaijan's renewable energy sector is expected to play a key role in helping the government achieve its strategic goals in this field.

EU appoints new ambassador to Azerbaijan

News

The European Union (EU) has designated a new ambassador to Azerbaijan.

Azerbaijan, EU discuss future of Nakhchivan's transport and economic development

News

Fuad Najafli, the Presidential Representative of Azerbaijan in the Nakhchivan Autonomous Republic, has held a meeting with a delegation led by Magdalena Grono, the European Union’s Special Representative for the South Caucasus, Azernews reports.