Turkish investments in Azerbaijan's Karabakh to favor opening new jobs - expert
By Trend
The initial investment of $50 million by Turkish companies in the creation of textile factories in Azerbaijan’s Karabakh region will favor the opening of new jobs, Ruslan Atakishiyev, Chairman of the Center for the Study of Economic Resources, told Trend on Jan.26.
According to Atakishiyev, the factories will use the Turkish experience, which in turn will contribute to the development of the local market.
“Turkey is an important participant in the global textile market. This area is one of the foundations of the economy of the brotherly country. The creation of textile enterprises in Karabakh will form new local brands. Additional jobs will be created for the citizens returning to the liberated Karabakh," he said.
Atakishiyev stressed that the development of the liberated territories is in the interests of neighboring states.
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