Baku: SOCAR is Trkiye's largest foreign investor, with a $19 billion investment in this brotherly country. The company, which has implemented many strategic projects in the fields of oil refining, petrochemicals, and natural gas within these investments, continues to expand its activities in Trkiye's economy by investing in new projects, said Ali Asadov, Azerbaijan's Prime Minister, during the 2nd Azerbaijan-Trkiye Investment Forum held in Baku.
According to Azerbaijan State News Agency, PM Asadov underscored that the document to be signed today on the purchase of the 870 MW power plant operating in Trkiye is a clear proof of this. Noting that the cooperation between Azerbaijan and Trkiye in the fields of industry and technology has also reached a qualitatively new level in recent years, Ali Asadov said: "The efforts to exchange experiences, develop human capital, and apply modern technologies, serve to strengthen our industrial potential. In this regard, knowledge and skills are transferred through the application of advanced technologies in manufacturing, specifically in metal processing, mechanical engineering, and other core industrial sectors."