During an official visit to Brussels, Belgium, the Chairman of the Board of the Alat Free Economic Zone Authority (AFEZ Authority), Mr. Valeh Alasgarov, attended a conference held at the European Institute for Asian Studies (EIAS), which brought together representatives from the business and academic communities, as well as think tanks. The event was organized with the support of the Embassy of Azerbaijan in Belgium. The event opened with remarks by Mr. Gert Jan Koopman, Director-General for Enlargement and Eastern Neighbourhood.Mr. Valeh Alasgarov, Chairman of the Board of the AFEZ Authority, delivered a keynote speech highlighting the investment potential of the Alat Free Economic Zone. He emphasized the Zone’s favorable business environment, including its unique legislation, attractive fiscal and non-fiscal incentives, strategic geographic location, and the availability of industrial land plots with fully developed infrastructure and utilities. Mr. Alasgarov invited Belgian manufacturing companies to take full advantage of the opportunities offered by AFEZ. The event concluded with a Q&amp;A session and networking opportunities.&nbsp;&nbsp;

GqiTuekXIAASmM4.jpg

The Chairman of the Board of AFEZ Authority attended EIAS Conference in Brussels to present AFEZ opportunities

On May 7th, during an official visit to Brussels, Belgium, the Chairman of the Board of the Alat Free Economic Zone Authority (AFEZ Authority), Mr. Valeh Alasgarov, met with Mr. Bertin Mampaka, President of the Brussels Parliament. The meeting was organized with the support of the Embassy of the Republic of Azerbaijan to the Kingdom of Belgium and the Grand Duchy of Luxembourg Mission to the European Union. Mr. Alasgarov briefed Mr. Mampaka on the advantages of the Alat Free Economic Zone, emphasizing its unique legal framework, fiscal and non-fiscal incentives, strategic location at the crossroads of major international transport corridors, as well as the industrial land plots with ready to use infrastructure and facilities.&nbsp;

1747141329517.jpg

The  Chairman  of the Board of AFEZ Authority met with the President of Brussels Parliament to discuss strategic investment opportunities

On April 30, 2025, the Alat Free Economic Zone Authority (AFEZ Authority) held an event titled “Alat Free Economic Zone: Unlocking the Potential for Korean Manufacturing Companies” in Seoul, bringing together representatives of Korean companies, key business associations, and industry stakeholders. The event was organized with the support of the Embassy of Azerbaijan in the Republic of Korea. The event opened with remarks by Mr. Ramin Hasanov, Ambassador of Azerbaijan to the Republic of Korea, who highlighted the strong trade volume between the two countries, noting that Korea remains Azerbaijan’s main trading partner in the South Caucasus. Mr. Valeh Alasgarov, Chairman of the Board of the AFEZ Authority, delivered a keynote speech outlining the investment potential of the Alat Free Economic Zone. He emphasized the Zone’s favorable business environment, including its unique legislation, attractive fiscal and non-fiscal incentives, strategic location, and the availability of industrial land plots with fully developed infrastructure and utilities. Mr. Alasgarov invited Korean manufacturing companies to take full advantage of the opportunities offered by AFEZ.The event concluded with B2B meetings and networking sessions.&nbsp; &nbsp;

WhatsApp Image 2025-05-05 at 21.46.12.jpeg

The event Alat Free Economic Zone: Unlocking the Potential for Korean Manufacturing Companies was held in Seoul, to strengthen Korean-Azerbaijani relations and explore new business opportunities

During an official visit to the Republic of Korea, the Chairman of the Board of Alat Free Economic Zone Authority (AFEZ Authority), Mr. Valeh Alasgarov, met with Mr. Jihyung Lee, Executive Vice President of the Korea Trade-Investment Promotion Agency (KOTRA). Mr. Alasgarov outlined AFEZ’s favorable business environment, including its unique legal framework, incentives for investors, strategic location, and fully equipped industrial land plots with advanced infrastructure and logistics facilities. Mr. Lee expressed strong interest and affirmed KOTRA’s willingness to explore collaboration, particularly in encouraging Korean investment in AFEZ. The meeting, supported by the Embassy of Azerbaijan in the Republic of Korea, focused on potential economic cooperation and investment opportunities within AFEZ for Korean companies.

WhatsApp Image 2025-05-05 at 21.33.23.jpeg

The Chairman of the Board of AFEZ Authority met with the Vice President of the Vice President of the Korea Trade-Investment Promotion Agency

Browse the latest news and developments in Alat Free Economic Zone.

News