Baku 26° C
Azerbaijan to invest in basalt production
Business
- 23 September, 2025
- 12:10
The Azerbaijan Business Development Fund (ABIF), operating under the Ministry of Economy, and Basalt Group LLC have signed a contract on joint participation in the charter capital of Azerbasalt Scientific-Production Union LLC.
According to Report, the signing took place within the framework of the 1st Azerbaijan International Investment Forum (AIIF-2025) held in Baku.
The document was signed by Yasin Jalilov, Director-General of ABIF, and a representative of Basalt Group LLC.
This contract is expected to contribute to the development of domestic industrial production.
Author
Latest News
14:00
Photo
Minister of Defense Zakir Hasanov awards Director General and a group of military personnel
Military13:52
Milli Majlis to hold next plenary session on July 10
Milli Majlis13:26
New cybersecurity obligations for internet providers pass first reading in Milli Majlis
Milli Majlis13:18
NATO allies invest $40B in counter-drone capabilities and drone training
Other countries13:16
18 injured in Damascus explosion
Other countries13:12
Armenia wants to expand cooperation with Turkmenistan in gas sector
Energy13:00
ADY expands passenger capacity on Baku–Tbilisi–Baku trains
Infrastructure12:56
Azerbaijan eyes tenfold increase in innovation sector revenues
ICT12:54