Search keyword: Azerbaijan Investment Company

Furthermore, the Azerbaijan Investment Company (AIC) and Türkiye's Dias Bilişim ve Teknoloji Hizmetleri A.Ş. signed a Memorandum of Understanding (MoU) on the Deposit Management System project.

Azerbaijan Investment Company OJSC will participate as a shareholder in the electric bus production project. BYD's partner in Azerbaijan is Electrify Azerbaijan, owned by SARDA Group.

The shareholders of the Shafag Solar Power Plant are BP, SOCAR, and the Azerbaijan Investment Company, with an estimated investment of approximately $200 million in the project.

"Shahbulag Mining LLC, co-founded by the Azerbaijan Investment Company OJSC, has launched a new project in the Asgaran settlement of Khojaly district. The AzCement cement plant, with an annual production capacity of 60,000 tons, will provide employment for approximately 70 individuals.

“Within the framework of this project, our successful collaboration with SOCAR and the Azerbaijan Investment Company will enhance our partnerships with regional allies by integrating these technologies into our business operations,” she added.

The MoU was signed by Inara Valiyeva, the Chairperson of the Innovation and Digital Development Agency in Azerbaijan, Irem Yilandil, representative of Trendyol in Azerbaijan, Yasin Jalilov, Deputy Executive Director of the Azerbaijan Investment Company, and Farrukh Aliyev, CEO of the newly established

The Azerbaijan Investment Company OJSC, SOCAR Downstream Management LLC, and Italy’s Technip Energies S.p.A. have signed a joint agreement to implement a pyrolysis oil production project, Azerbaijani Economy Minister Mikayil Jabbarov wrote on X, Report informs.

On September 21, 2023, SOCAR and the Azerbaijan Investment Company signed a Connection Agreement for the Shafag solar power plant project in the Jabrayil district (East Zangazur economic region). On June 3, Azerbaijan’s Energy Ministry and BP signed a contract for project evaluation and execution.

“We invite Serbian investors to consider minor equity partnerships with Azerbaijan Investment Company,” Mammadov noted.

The meeting was attended by Ulvi Mansurov, Executive Director of the Azerbaijan Investment Company, Marat Yelibayev, Chairman of the Management Board of the Development Bank of Kazakhstan, Kerem Donmez, Director General for Foreign Economic Relations of the Ministry of Treasury and Finance of Türkiye