Environment

Azerbaijan Metal Company lands spot in Fonte GreenMet’s growing portfolio

By Sadig Javadov

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Azerbaijan Metal Company lands spot in Fonte GreenMet’s growing portfolio

BAKU, Azerbaijan, September 23. Azerbaijan
Metal Company will become an important part of the Fonte GreenMet
Investments Fund investment portfolio, the CEO of Fonte GreenMet
Investments Fund OEIC, Yerzhan Mussin said at the Azerbaijan
International Investment Forum, Trend reports.

“First of all, I would like to express my deep satisfaction with
the implementation of a joint investment project with friendly and
brotherly Azerbaijan, with which Kazakhstan has deep historical and
cultural ties.

I am confident that Azerbaijan Metal Company, a joint venture
that we will manage in partnership with Daşkəsən Dəmir Filiz LLC,
will occupy a special strategic place among the foreign investment
projects of Fonte GreenMet Investments Fund and will become an
important part of our investment portfolio. This cooperation opens
up great prospects not only in economic terms, but also in the
exchange of scientific and technical knowledge, the introduction of
modern technologies, and the organization of joint innovative
production. The implementation of this project will enable
Azerbaijan to become a producer of high-quality metallurgical
products, which in turn will open a new page in the industrial map
of the entire Caucasus region,” he said.

Mussin also noted that Azerbaijan’s commitment to sustainable
economic reforms, stable investment environment, geostrategic
location, and rich resource potential create exceptionally
attractive opportunities for long-term and mutually beneficial
cooperation with foreign investors.

“Fonte GreenMet views this cooperation not only as a single
project, but also as a strategic partnership platform, and we would
particularly like to note our interest in joint investments and
other industries in the future,” he concluded.