17:51 - 10.07.2023

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July 10, Fineko/abc.az. An agreement on joint participation was signed between Azerbaijan Investment Company OJSC (under the Ministry of Economy) and Hungarian company Hell Energy.

ABC.AZ reports with reference to the Ministry’s press service that according to the document, it is planned to build a new plant based on advanced European technologies with annual production capacity of 700 million aluminum cans for beverages (at the initial stage, the annual bottling capacity is 415 million aluminum cans for beverages) on the territory of Alat FEZ. It is planned to create over 300 jobs within the project.

The project cost is $211 million.