Azerbaijan to invest in basalt production
Business
- 23 September, 2025
- 12:10

The Azerbaijan Business Development Fund (ABIF), operating under the Ministry of Economy, and Basalt Group LLC have signed a contract on joint participation in the charter capital of Azerbasalt Scientific-Production Union LLC.
According to Report, the signing took place within the framework of the 1st Azerbaijan International Investment Forum (AIIF-2025) held in Baku.
The document was signed by Yasin Jalilov, Director-General of ABIF, and a representative of Basalt Group LLC.
This contract is expected to contribute to the development of domestic industrial production.
Latest News
13:58
Special rep: Areas for real estate projects allocated in Shusha city master plan
Infrastructure13:50
Azerbaijan plans to cover 70,000 citizens by Coursera educational platform
Industry13:49
Azerbaijan exports peaches to Hong Kong, Romania and Latvia for first time
AIC13:41
Can Selcuki: Azerbaijan should become global industrial pilot zone in AI era
Business13:38
Uzbekistan Airways orders up to 22 Boeing 787 Dreamliners
Other countries13:23
Steve Nouri: Azerbaijan's energy resources can be used to create data centers
Other13:14
He Zhengwei: 20 Chinese companies have expressed interest in investing in Azerbaijan
Business13:07
OTS rep: Azerbaijan to undoubtedly secure its position in European market
Business13:06