Azerbaijan, Indonesia discuss partnership opportunities in mining sector
Baku, October 29, AZERTAC
AzerGold CJSC hosted a meeting with a delegation led by Todotua Pasaribu, Vice Minister of Investment and Downstream Industry of the Republic of Indonesia and Vice Chairman of the Investment Coordinating Board.
During the meeting, Zakir Ibrahimov, Chairman of the Executive Board of AzerGold CJSC, provided information on the achievements made by the Company over its 10 years of operation, the strategic projects it has implemented, and its future development targets.
The parties discussed the potential for investment cooperation in the mining industry between Azerbaijan and Indonesia, as well as the prospects for implementing joint projects. In particular, an exchange of views was held regarding the opportunities for AzerGold CJSC to participate as an investor in prospective mining projects in Indonesia and to establish investment partnerships.
The Indonesian side expressed interest in the mining projects implemented in Azerbaijan, particularly in the Dashkasan iron ore project, which is one of the strategic projects of AzerGold CJSC. The execution prospects of the project and possible areas of cooperation were discussed.
At the conclusion of the meeting, the parties agreed to continue technical discussions on projects of mutual interest and to define the next stages of cooperation based on their outcomes.
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