Azernews.Az

Thursday June 5 2025

GCC businessmen set to operate in Alat Free Economic Zone

26 September 2024 15:00 (UTC+04:00)
GCC businessmen set to operate in Alat Free Economic Zone
Nazrin Abdul
Nazrin Abdul
Read more

Businessmen from the member countries of the Gulf Cooperation Council (GCC) will operate in the Alat Free Economic Zone.

Sheikh Faisal Bin Abdullah Al-Rawas, Chairman of the Federation of Chambers of Commerce (FGCCC), made this statement to journalists, Azernews reports.

He noted that they visited Alat free Economic Zone and observed the opportunities available there: "We received positive reactions from businessmen in the GCC countries, and investments will be made soon. Azerbaijan is a very important country as a strategic logistics center. Its location at the intersection of many international corridors makes cooperation even more significant."

The GCC official pointed out that trade with Azerbaijan has more than doubled in the last two years, and this growth is expected to be sustainable.

According to him, companies in the food safety, logistics, and industrial sectors of the GCC countries are interested in investing in Azerbaijan.

---

Nazrin Abdul is AzerNews’ staff journalist, follow her on Twitter: Nazrin

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more