A delegation from Alat Free Economic Zone Authority (AFEZA),
headed by the Chairman of the Board, Mr. Valeh Alasgarov undertook
a business trip to China. During the visit, AFEZA participated in
the China-Azerbaijan Industry and Investment Cooperation Promotion
Conference.
In his speech, Mr. Alasgarov highlighted the favorable business
environment offered by AFEZ, including its unique legislative
framework, fiscal and non-fiscal incentives, and availability of
industrial land plots with ready-to-use on-site and off-site
infrastructure and utilities. He invited Chinese manufacturing
companies to take advantage of these opportunities. During the B2B
meetings, several Chinese companies expressed their interest and
stated their intention for future cooperation.
Mr. Alasgarov also held a meeting with representatives of
Chinese company Sunsync, which has expressed interest in
establishing a solar panel production facility in the Alat Free
Economic Zone. Both parties discussed prospects for future
cooperation.