NEWS

“Green” project will be implemented together with the Italian company in Sumgayit Chemical Industrial Park

Agreement on implementation of “Pyrolysis oil production” project with the Italian “Technip Energies S.p.A.” company has been signed.

SOCAR, bp and “Azerbaijan Investment Company” OJSC signed Shareholders' Agreement

Bakı İqlim Fəaliyyəti Həftəsi çərçivəsində SOCAR, bp və “Azərbaycan İnvestisiya Şirkəti” ASC arasında səhmdarlar sazişi imzalanıb. Cəbrayıl rayonunda 240 MVt gücündə günəş elektrik stansiyasının tikintisini nəzərdə tutan “Şəfəq” layihəsi üzrə imzalanan sənədə əsasən, “Şəfəq (Cəbrayıl) Solar Limited” (SJSL) SOCAR-ın və “Azərbaycan İnvestisiya Şirkəti” ASC-nin də daxil olması ilə birgə müəssisəyə çevrilir.

AIC has signed a Shareholders' Agreement

A Shareholders' Agreement on the establishment of a beer and soft drinks production plant was signed in Gabala.

A Memorandum of Understanding was signed between "Azerbaijan Investment Company" OJSC and "TALCO" OJSC of the Republic of Tajikistan

A Memorandum of Understanding was signed between "Azerbaijan Investment Company" OJSC and "TALCO" OJSC during the Azerbaijan-Tajikistan business forum held in Baku.

A Memorandum of Understanding was signed between "Azerbaijan Investment Company" OJSC, Israel's "Granot International Agricultural Cooperatıve Socıety" LTD and "Agro Food Investments" LLC .

A Memorandum of Understanding was signed on the establishment of a modern olive oil processing plant with an annual production capacity of 4,000 tons at the initial stage.

Azerbaijan – Slovakia Business Forum held in Baku

The documents on the assessment of joint investment opportunities and in the fields of business, communications, cybersecurity, smart technologies have been signed at the Azerbaijan – Slovakia Business Forum.

AIC and ICD signed a Memorandum of Understanding

Under the terms of the agreement, the Parties expressed their willingness to collaborate in exploring and identifying investment and financing opportunities. These opportunities are intended to benefit both ICD and AIC mutually, foster financial sustainability, and drive sustainable socio-economic development.

Meeting held with representatives of Turkish companies

İqtisadiyyat naziri Mikayıl Cabbarov “Koç Holdinq”in Baş maliyyə direktoru Polat Şen, səhiyyə üzrə baş direktoru Erhan Bulutçu və “Aksoy Holdinq”in baş direktoru Batu Aksoyla görüşüb.

Development directions of economic partnership with UAE discussed

Economic relations, implementation of "green" energy projects, investment opportunities for expanding joint activities and cooperation directions within COP29 were discussed in the meeting with the Minister of Energy and Infrastructure of the United Arab Emirates.

A Memorandum of Understanding was signed between “Azerbaijan Investment Company” OJSC and Turkiye's Gurok Group

A Memorandum of Understanding was signed on researching the possibilities of glassware production in Azerbaijan.

The Azerbaijan Investment Company OJSC successfully completed 2023

Throughout the year, AIC's activities were aimed at supporting economic growth, creating employment opportunities, and increasing the competitiveness of the non-oil industry.

The groundbreaking ceremony for the pharmaceutical production facility took place in Pirallahi Industrial Park.

On December 7, 2023, the groundbreaking ceremony for the pharmaceutical production facility of "Gen Pharma Caucasus Manufacturing Operations" LLC took place in Pirallahi Industrial Park.

"Project for the Production of Electric Buses"

Economic relations with Uzbekistan expanding

The support of continuous growth of trade turnover, the implementation of the Road Map on trade-economic and investment cooperation, the promotion of joint production, energy and industrial partnership were discussed at the meeting with the Minister of Investment, Industry and Trade of Uzbekistan, Laziz Kudratov.

The Accession Agreement was signed between Azerbaijan Investment Company OJSC, SOCAR, and bp company.

The Accession Agreement was signed between Azerbaijan Investment Company OJSC, SOCAR, and bp company.

Economic and trade partnership with Uzbekistan developing

The development of economic and trade cooperation between our countries in various directions, the expansion of business relations, and the implementation of joint projects were discussed in the meeting with the Minister of Investment, Industry and Trade of Uzbekistan, Laziz Kudratov.

Ilham Aliyev participated in opening of “Diamed” medicines manufacturing plant in Baku

Azərbaycan Respublikasının Prezidenti İlham Əliyev Bakının Pirallahı rayonunda “Diamed” dərman istehsalı zavodunun açılışında iştirak edib.

Partnership and Shareholders Agreement was signed between "Azerbaijan Investment Company" OJSC (AIC) and Turkish company "Gen İlaç ve Sağlık Ürünleri Sanayi ve Ticaret A.Ş."

Partnership and Shareholders Agreement was signed between "Azerbaijan Investment Company" OJSC (AIC) and Turkish company "Gen İlaç ve Sağlık Ürünleri Sanayi ve Ticaret A.Ş."

Shareholders’ Agreement was signed between “Azerbaijan Investment Company" OJSC and Hungary’s "Hell Group" company

According to the Agreement signed between “Azerbaijan Investment Company” OJSC subordinated to the Ministry of Economy and “Hell Group” company it is planned to build advanced technology plant for 700 million aluminum beverages can production in Alat Free Economic Zone

Ilham Aliyev attended opening ceremony of first stage of Alat Free Economic Zone

The foundation stone of the Alat Free Economic Zone was laid on July 1, 2021 with the participation of President Ilham Aliyev. "Azerbaijan Investment Company" OJSC also working on the project in AFEZ with the foreign investor.

As part of the 32nd Annual Meeting of the Board of Directors of the EBRD, a meeting was conducted to discuss the investment opportunities in Azerbaijan

Within this framework, comprehensive information was provided regarding the business and investment environment of Azerbaijan, the opportunities created for investors, renewable and green energy prospects, as well as the transport and transit potential.

AIC has signed a MoU with Turkish company Vetal Animal Health Products S.A.

The main goal of the project is to meet the country's demand for biological preparations and vaccines for animal health that meet modern requirements, using international experience and technology in Azerbaijan, attracting experienced specialists, training local specialists, and creating a centralized laboratory.

A Cooperation Agreement was signed between AIC and Turkish company GEN

According to the Cooperation Agreement it is planned to build the factory for the production of pharmaceutical products in Azerbaijan on I with the aim of replacing the import of important pharmaceutical products with local production and increase their availability for consumers with more favorable conditions.

Meeting held at the Ministry of Economy

It was emphasized that the economic cooperation between our countries has been actively developing in recent times, investment promotion and potential projects were discussed in the meeting with the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov.

Azerbaijan-Israel business forum held in Baku

Wide opportunities for the development of cooperation with Israel in various fields were highlighted at the Azerbaijan-Israel business forum and it was stated that the business initiatives of Israeli entrepreneurs in our country are highly appreciated and supported.

Meeting held by Israel-Azerbaijan Joint Intergovernmental Commission

Issues of expanding cooperation with Israel in investment, innovations, ecology, information, water, energy, agriculture, food technology industry, pharmaceuticals and biotechnology, food safety, cyber security, tourism, small and medium entrepreneurship and other fields were discussed and a number of documents were signed at the 3rd session of the Israel-Azerbaijan- Joint Commission.

Azerbaijan-Israel relations expanding

Discussions were held at the meeting with the Minister of Foreign Affairs of the State of Israel, co-chair of the Joint Commission, Eli Cohen, on the current situation and prospects of the relations between the two countries.

An agreement on cooperation was signed between AIC and HELL ENERGY

HELL ENERGY will implement a project for the production and filling of aluminum beverage cans in Azerbaijan.

A Shareholders' Agreement has been signed to construct a domestic breeding egg production plant.

The project aims to reduce the country's dependency on imports, improve the quality of breeding eggs, and ensure food security by producing affordable breeding eggs.

A meeting was held with the president of the Islamic Development Bank Group

Səfər çərçivəsində İslam İnkişaf Bankı Qrupunun prezidenti Məhəmməd Süleyman Əl-Casiri Azərbaycanın iqtisadiyyat naziri Mikayıl Cabbarovla görüşüb.