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New milk processing plant foundation ceremony took place on November 28, 2007
[30.11.2007]
The ceremony of foundation of the new milk processing plant of projected daily production capacity of150 tons by the “Milk-Pro” Ltd with financial support of the Azerbaijan Investment Company and the European Bank for Reconstruction and Development was organized in the Hovsan settlement of the Baku City  on  November 28, 2007,

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Azerbaijan Investment Company and the Islamic Corporation for the Development of the Private Sector (ICD) established a joint investment company on November 29, 2007.
[29.11.2007]
A joint investment company was established by the Islamic Corporation for the Development of the Private Sector and the Azerbaijan Investment Company on November 29, 2007. The company charter has been signed by Mr. Anar Akhundov, Executive Director of the Azerbaijan Investment Company and Mr. Khaled Al-Aboodi, Executive Director of the Islamic Corporation for the Development of the Private Sector (ICD).

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The Supervisory Board of the Azerbaijan Investment Company met on November 20, 2007
[22.11.2007]
During this meeting, the Supervisory Board has made decision on the AIC’ involvement into two more new projects.

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Azerbaijan Investment Company and the Korea Electric Power Corporation signed a Memorandum of Understanding on November 15, 2007
[19.11.2007]

The Azerbaijan Investment Company (AIC) and Korea Electric Power Corporation (KEPCO) signed a Memorandum of Understanding on construction of the Independent Power Plant in the Alat settlement of the Baku City on November 15, 2007. The MoU has been signed by Mr. Anar Akhundov, Executive Director of Azerbaijan Investment Company and by Mr. Jin Sik Kim, Vice President of KEPCO.



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Azerbaijan Investment Company’s management had a meeting with the representatives of the Korea Electric Power Corporation on October 24, 2007
[25.10.2007]
Mr. Anar Akhundov, Executive Director of Azerbaijan Investment Company and Mr. Riad Gasimov, Deputy Executive Director of Azerbaijan Investment Company met with the representatives of the Korea Electric Power Corporation (KEPCO) on October 24, 2007.  During the meeting, the KEPCO representatives provided the AIC management with information about the possibilities of joint co-investment into the Independent Power Plant project in Azerbaijan.

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