Austrian company invited to invest in industrial zones of Azerbaijan

The government of Azerbaijan has invited the Austrian company Grabher Group GmbH to invest in the country's industrial zones, Report informs, citing the Economic Zones Development Agency under the Ministry of Economy.

According to the information, a meeting was held at the Agency with the delegation led by the CEO of the Austrian company Günter Grabher. The guests were informed about Azerbaijan’s industrial zones, favorable investment opportunities created for entrepreneurs, and tax and customs benefits.

The meeting also discussed the possibility of creating a manufacturing facility for processing products of various purposes in industrial zones using propylene produced by SOCAR Polymer LLC, a resident of Sumgayit Chemical Industrial Park.