The Infinite Capital Holding, a Chinese venture capital company, is exploring potential investment opportunities in Azerbaijan, Alan Ma, the deputy director of the company, told Report.
According to him, the commercial entity he represents invests in developing sectors: "Most of our projects cover the production of vehicles and their spare parts, new energy technologies, chips and semiconductors."
The deputy director added that currently there is no cooperation between the Azerbaijani market and the company: "For now, we are looking for new opportunities and prospects. We might find a suitable opportunity to invest. Currently, I am learning about the atmosphere of the market here and the general environment.
Based on the impression I have gained so far, I can say that this is a developing market. A certain portion of the population is quite wealthy, and their demands have increased noticeably in recent years. I think Chinese products, especially automobiles running on green energy, electric transport, and systems for storing electrical energy will have great sales potential here in the near future."