ECONOMY


Ambassador: Belgian companies can help in diversification of Azerbaijani economy

Baku, April 3, AZERTAC

“Belgian companies can help in diversification of the Azerbaijani economy,” said Ambassador of the Kingdom of Belgium to the Republic of Azerbaijan Bert Schoofs.

Ambassador Schoofs said Belgium is already present in different sectors in the non-oil and gas sector, for example, in logistics, healthcare, agri­culture and construction sector of Azerbaijan.

Speaking about the energy industry, Bert Schoofs stressed that the Southern Gas Corridor is a kind of road from the east to the west. “If you talk about the Southern Gas Corridor, Belgian companies are already investing in this project. 19% in TAP belongs to the Belgian company Fluxys,” the Ambassador said, noting that due to the construction of the Southern Gas Corridor Azerbaijan will also become a transit country.

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