16:24 - 30.03.2023
March 30, Fineko/abc.az. Hungarian company Hell Energy is implementing a project in Azerbaijan on the production and bottling of aluminum cans for beverages.
ABC.AZ reports with reference to the Ministry of Economy that in this regard, a cooperation agreement was signed between Azerbaijan Investment Company and Hell Energy.
The plant to be built in Alat Free Economic Zone within the project was originally supposed to produce and fill 300-400 million aluminum cans for drinks per year. The project will help attract foreign investments to the country, acquire advanced technological experience, import substitution and increase the export potential of finished products to other countries.
Looking at some economic indicators, I noticed that our trade turnover is more than $1.7 bn, which is a significant indicator. But I think in the coming years we need to try to diversify our trade turnover.
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