Bank Of Baku

Phase 2 of oil-chemical production to be presented in Baku

Phase 2 of oil-chemical production to be presented in Baku
# 14 February 2007 13:45 (UTC +04:00)
In late February, a presentation will be delivered on Phase 2 of the project for establishment of oil-chemical enterprise by LY Investment Consulting Company.
Azerbaijan Investment Company Executive Director Anar Akhundov told APA that paperwork for the Phase 2 is ready and the consulting company will inform AIC about the cost, prospects and other issues on the project.
He added AIC is negotiating with shareholders- Holcim and EBRD on acquisition of a 20% stake in Garadagh Cement. /APA/
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THE OPERATION IS BEING PERFORMED