Azerbaijani entrepreneurs invested $5 million in Chinas economy
Baku, Fineko/abc.az. In 2004-11 40 companies with Chinese capital passed state registration in Azerbaijan and 16 companies with Azerbaijani capital operate in China.
At the business forum in China Economic Development Minister of Azerbaijan Shahin Mustafayev reported that in 1995-2011 Chinese companies invested $102,5 million in Azerbaijani economys non-oil sector, and $598 million in oil sector.
" Total cost of the projects realized at state order with Chinese companies participation is 417 million euros. 16 companies with Azerbaijani capital passed registration in China , which invested $5 million in Chinese economy",- the Minister said.
In January- April 2012 trade turnover between the countries rose by 60%.
Tags: Shahin Mustafayev
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