UkraineInvest and the Embassy of Azerbaijan in Ukraine outline strategic steps to attract investment, with a focus on capital investment

At the initiative of the Embassy of Azerbaijan in Ukraine, the Acting Executive Director of UkraineInvest, Oleksandr Melnychenko, and the Ambassador Extraordinary and Plenipotentiary of Azerbaijan to Ukraine, Seymur Gurban oglu Mardaliyev, discussed prospects for the development of bilateral investment relations and opportunities for Azerbaijani businesses in the Ukrainian market.

During the meeting, Oleksandr Melnychenko presented Ukraine’s investment legislation and highlighted the role of UkraineInvest as a government agency in the state system for attracting and supporting investors with capital investments.

Special attention was paid to the investment incentives offered by Ukraine to Azerbaijani investors, as well as to defining steps for effective coordination between the Embassy of Azerbaijan and UkraineInvest. In particular, it was agreed to provide Azerbaijani investors with legal and analytical support for their activities in Ukraine.

According to Seymur Mardaliyev, despite the difficult conditions of the ongoing war, Azerbaijani companies are actively exploring investment opportunities. Sectors such as infrastructure, agro-processing, IT and logistics are attracting the most interest.

Azerbaijani companies are already operating successfully in Ukraine:

SOCAR is actively expanding its network of gas stations, trading fuel and participating in the reconstruction of Ukraine’s infrastructure;
NEQSOL Holding, through Vodafone Ukraine, is expanding 4G coverage and investing in telecommunications projects;
Cemin Ukraine acquired the Joint Stock Company “United Mining and Chemical Company”, demonstrating its interest in the natural resources sector.

The Republic of Azerbaijan is a key player in the South Caucasus region with significant economic potential. Industrialisation through the creation and management of industrial parks has made a significant contribution to the country’s development. Ukraine can use this experience to develop its own industrial zones and attract strategic investors.

The cooperation between UkraineInvest and the Embassy of Azerbaijan opens new horizons for bilateral investment relations. A clear strategy, legal support and mutual interest in key economic sectors will facilitate the attraction of significant foreign investment and the growth of Ukrainian businesses.

One of the most powerful ways to communicate that foreign businesses can and do operate successfully in Ukraine is through the voices that matter most to potential investors – those of other businesses.
We would like to invite you and your company to be featured on UkraineInvest’s web site as a “success story” of a foreign business operating in Ukraine.

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