TODAY.AZ / Business

?zerbaijan is the second country where Turkish entrepreneurs seek to invest

16 January 2006 [17:39] - TODAY.AZ
?zerbaijan is the second country after Holland where Turkish businessmen seek to invest their capital, willing to save them from the domestic crisis, such data is presented in the annual report of the Ankara Chamber of Industry.

As Trend informs citing the Turkish media,the report covering the capital investment trend for the latest five years notes the Turkish entrepreneurs’ total volume of investments in the Azerbaijan economy was 1 billion 891million USD, the major part of which falls at the energy sector (1,8 billion USD).

It should be noted this index in regard to Holland was 2 billion 485 million USD. The third became the United Kingdom with 520,9 million USD.

The report also notes for the last years 118 Turkish companies removed their business activity to Azerbaijan, having closed all offices in the country.


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