Baku, Riyadh explore investment opportunities in Azerbaijan's industrial parks

Azerbaijan’s Economy Minister Mikayil Jabbarov held discussions with a delegation from Saudi Arabia regarding potential investments in Azerbaijan's industrial parks.

The Minister shared details of the meeting on his social media account X, highlighting the collaborative efforts aimed at enhancing economic ties between the two nations, Caliber.Az reports.

We were delighted to host the delegation from #SaudiArabia in our country.

During our discussions, we focused on enhancing bilateral #investment and #trade relations, explored the potential for establishing joint ventures, and discussed the possibility of Saudi investors joining… pic.twitter.com/EAmF6gXnb9

— Mikayil Jabbarov (@MikayilJabbarov) October 1, 2024

"We were delighted to host the delegation from Saudi Arabia in our country.

During our discussions, we focused on enhancing bilateral investment and trade relations, explored the potential for establishing joint ventures, and discussed the possibility of Saudi investors joining Azerbaijan's industrial parks.

We also underscored the significance of joint efforts in diversifying our economies and promoting sustainable development," the post by Jabbarov reads.

By Vafa Guliyeva