BAKU, Azerbaijan, May 22. Joint investment
projects between Azerbaijani and Tajik business entities are
already producing tangible results, including the manufacturing and
export of infrastructure solutions, Gulnora Anvarova, a
representative of Tajikistan’s Avesto Group told Trend, on the sidelines of the
Azerbaijan-Tajik Business Forum.
She marked that the company has been actively operating across
multiple sectors for the past decade. Avesto Group is a diversified
company celebrating its 10th anniversary this year.
"During this time, we have implemented a number of major
projects contributing to the development of various sectors of our
country. We have expertise in mechanical engineering, textiles,
food processing, banking, IT, and mining,” Anvarova said.
She also highlighted the company’s successful partnership with
Azerbaijani firms, which resulted in the launch of a joint
venture.
“One of our key achievements is our cooperation with the
Azerbaijani company AZKOMPOZIT, which began in 2019. In 2021, we
established the joint venture KOMPOZIT T.A., which now manufactures
fiberglass pipes to support the sustainable development of water
supply and sewage systems in Tajikistan,” she said.
According to Anvarova, the venture’s products also have export
potential across Central Asia, making the project an example of
effective industrial cooperation between Azerbaijan and
Tajikistan.
She added that the forum creates new opportunities to attract
investment and expand joint initiatives between the business
communities of the two countries.
