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Chinese investors to participate in Khazar Islands project

11 September 2013 14:02 (UTC +04:00)

Baku. Aynur Aliyeva – APA-Economics. The delegation led by President of Avesta Concern Ibrahim Nehramli was on a visit to China.

The visit aimed to study and discuss investment opportunities regarding Khazar Islands, purchase of technical equipments, machine and mechanisms to be used in the project, familiarize with the producers companies, as well as hold different official meetings on the project in Beijing and other cities.

Within the visit, a meeting was held with the officials Zoomlion company, which is one of the leading heavy machinery producers, the delegation viewed machines and technique, factory, production processing. An initial agreement on purchase and usage of this technique was achieved. Moreover, a trilateral memorandum on participation in financing of the Khazar Islands was signed within the visit. The document was signed by Avesta, TSG Global Holdings and China-ZK International Energy Investment Co. Ltd. Companies.