Azerbaijan's CTC-Holding may invest in several projects in Karakalpakstan

On April 4, the Embassy of Uzbekistan in Baku organized a videoconference between the Deputy Minister of Investments and Foreign Trade of Karakalpakstan, Alibek Kamalov, and the General Director of CTC-Holding, Mahammad Nagiyev.

Photo: Dunyo news agency

During the conversation, Kamalov provided detailed information to the Azerbaijani entrepreneur on the economic and investment potential of Karakalpakstan and briefed him about favorable conditions created in the republic for foreign investors.

Following the talks, the parties agreed to jointly study the possibilities of CTC-Holding's participation in the implementation of investment projects in Karakalpakstan in various fields, as well as in organizing imports of certain types of products to Azerbaijan.