The ceramic tile manufacturing enterprise owned by “Azerbaijan Vanhong Ceramics Co.” LLC was opened, APA reports.
President Ilham Aliyev got acquainted with the conditions created in the enterprise.
The enterprise, which occupies an area of 20 hectares, will utilize Chinese cutting-edge technologies for production of ceramic tiles. Although, the investment value of the enterprise fully owned by Chinese investors was scheduled to be USD 40 million and headcount to be 400 initially, it received USD 50 million in investments and employed 484 people to date. The enterprise with the annual capacity of 18 million square meters will sell its products both domestically and export to the regional and CIS countries.
Vanhong Ceramics currently owns 5 plants in China and other enterprises in 5 countries.
Director General of Azerbaijan Vanhong Ceramics Co. LLC Chiyi Wang said: Dear Mr. President, thank you for making us proud with your participation in a ceremony to open the ceramic tile manufacturing enterprise owned by “Azerbaijan Vanhong Ceramics Co.” LLC.
President Ilham Aliyev: You have invested so much in Azerbaijan as 81 million manats investment is a big figure. These investments are made by your, namely, Chinese company. Now, I saw that the number of workers is nearly 500. This is, at the same time, another contribution to our employment program. Of course, such enterprises strengthen the Chinese-Azerbaijan friendship even more. This plant has been built for a year and half. It means I laid its foundation a year and half ago.
Chiyi Wang: Yes.
President Ilham Aliyev: That is why, I am sure that its operations will be successful and you will continue your work.
Chiyi Wang: Everything will be alright with your assistance.
President Ilham Aliyev: Very good product. No need for import any more. Will you supply the market?
Chiyi Wang: Yes, we will.
The head of state launched the enterprise.
On October 23, President of Azerbaijan Ilham Aliyev visited Sumgayit, APA reports.
Azerbaijani President attended opening ceremony of the ceramic tile manufacturing enterprise owned by “Azerbaijan Vanhong Ceramics Co.” in the Sumgayit Chemical Industrial Park.