Baku, October 26, AZERTAC

Azerbaijan’s Deputy Minister of Economy Anar Akhundov met with Todotua Pasaribu, Vice Minister of Investment and Downstream Industry of Indonesia, Vice Chairman of the Investment Coordinating Board, and Vice Commissioner of Pertamina.
During the meeting, the sides discussed ways to enhance cooperation between Azerbaijan and Indonesia in energy, petrochemicals, industry, trade and investment, as well as the implementation of joint projects between SOCAR and Pertamina and the involvement of Indonesian companies in the reconstruction of Garabagh.
Anar Akhundov highlighted the opportunities available to investors in Azerbaijan’s industrial zones, including the Alat Free Economic Zone.
The parties also discussed prospects for cooperation on projects being implemented in Garabagh and East Zangezur, public-private partnerships, renewable energy, logistics and education.
They exchanged views on strengthening cooperation in trade and economic relations, developing ties between business communities and other issues of mutual interest.
Established in 1957, Pertamina is Indonesia’s state-owned energy company. It operates in oil and natural gas exploration and production, refining, petrochemicals, and the supply and distribution of energy products.