The possibilities of foreign investment for the restoration of the liberated territories are being studied
26.08.2021 / Conferences, assemblies
On August 26, 2021, an online meeting on investment opportunities for the restoration of the liberated territories of the Karabakh region of the Republic of Azerbaijan was held. The meeting was organized by the "Great Return" consortium, created to restore the liberated territories of the Karabakh region. The Great Return consortium includes the Institute of Control Systems of ANAS, Qorqud Holding LLC, AL-Trans Consulting LLC, AS-KO LLC and SINAM. Beyond & Brothers Development Co. Limited (China), which is engaged in the production and sale of spare parts for HVAC systems, was also invited to the meeting.
The purpose of the meeting was familiarization with the activities of Beyond & Brothers Development Co. Limited and the participation of this company as a partner of the Great Return consortium in the restoration of the liberated territories of the Republic of Azerbaijan and the possibility of BBD investing in the project.
At the beginning of the meeting, representatives of the Great Return consortium informed the participants about the activities of the companies they represent and the work to be done within the planned Smart Village project.
Then the representative of BBD provided detailed information on the activities and projects of the company, noting that the company is engaged in the production and sale of heating, ventilation and cooling systems and spare parts for such systems, and that the company can be responsible for the supply and installation of heating, ventilation and cooling systems, and also the supply of spare parts for these systems in the Smart Village project at affordable prices.
The members of the Great Return consortium raised the issue of attracting foreign investment to the project for the creation of the Smart Village, the construction of alternative energy sources in the regions and the use of such sources within the framework of the Smart Village project. The BBD representative clarified these issues and noted that the company could provide assistance in providing green energy in the areas where the Smart Village project is being implemented. However, the BBD representative said that investing in the project is risky for them because they do not know Azerbaijani laws and that it is difficult to find a potential investor in China, however, he noted that there are opportunities to assist in finding and supplying the resources and technologies necessary for the successful implementation of the Smart Village project.
The head of AL-Trans Consulting, a member of the Great Return consortium, said they have been working with BBD for over 15 years and know its representative well, adding that BBD's participation in this project is beneficial in terms of both prices and quality of services. The head of AL-Trans Consulting LLC also drew the attention of the participants to the fact that the BBD representative is a highly qualified specialist and to his possible participation in the project team as a consultant from the beginning to the end of the project.
