We are excited to announce that Alat Free Economic Zone (AFEZ) Authority will participate in Hannover Messe 2025, one of the world’s largest industrial trade fairs, taking place from March 31 to April 4, 2025, in Hannover, Germany. AFEZ will showcase its opportunities at Hall 12 – International Trade and Investment Hall, Booth B77. We warmly invite our clients, and all interested investors to visit our stand and explore the advantages of investing in the largest free economic zone in the Caucasus region. Strategically located at the crossroads of major international transport corridors and adjacent the Baku International Sea Trade Port, AFEZ offers a unique legal framework, attractive fiscal and non-fiscal incentives, industrial land plots with ready-to-use off-site and on-site infrastructure and utilities. Investors also benefit from integrated transport and logistics facilities, creating an ideal environment for business growth and expansion. Join us at Hannover Messe to learn more about the unparalleled opportunities AFEZ provides for global businesses.

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Alat Free Economic Zone Authority will participate in Hannover Messe 2025

The Azerbaijan-Croatia Economic and Investment Forum was held on February 28, 2025, in Zagreb. The Minister of Economy, Mr. Mikayil Jabbarov, delivered the opening speech, emphasizing the potential for trade relations between the two countries and the promotion of investments in both Azerbaijan and Croatia. He invited Croatian companies interested in regional expansion to consider investing in the Alat Free Economic Zone (AFEZ), which offers unique legislation and an attractive business environment. He also highlighted the necessity of constructing a new Cargo Terminal in AFEZ to facilitate the shipment of high-value-added goods, such as pharmaceuticals, microchips, and other high-tech products.

The Chairman of the Board of the Alat Free Economic Zone Authority, Mr. Valeh Alasgarov, participated in a panel discussion, where he emphasized unique legislation of AFEZ, high degree of extraterritoriality, strategic geographic location, and a comprehensive package of fiscal and non-fiscal incentives. He also highlighted that AFEZ provides ready-to-use industrial land plots, creating favorable opportunities for manufacturing companies from around the world, including Croatia.&nbsp;&nbsp;

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The Chairman of the Board of Alat Free Economic Zone Authority participated in the Azerbaijan-Croatia Economic and Investment Forum

On January 27, the Chairman of the Board of Alat Free Economic Zone Authority Mr. Valeh Alasgarov&nbsp;met with delegation of the Islamic Development Bank, headed by Dr. Farid Ahmed Khan, Country Operations Manager for Türkiye. 

Mr. Chairman informed Mr. Khan about main activities of the Alat Free Economic Zone (AFEZ), its strategic geographical location, unique legal framework, as well as about the industrial land plots with ready-to-use off-site and on-site infrastructure and utilities, transportation and logistic centers, fiscal and non-fiscal incentives package for the investors. 

Mr. Khan and his colleagues expressed appreciation for the favorable conditions provided by AFEZ for the investors. Both sides discussed the possibilities and prospects of further cooperation.&nbsp;&nbsp;

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Official delegation of Islamic Development Bank visited the Alat Free Economic Zone 

The delegation of Alat Free Economic Zone Authority, led by the Chairman of the Board Valeh Alasgarov, participated in the Germany-Azerbaijan Economic Forum organized by the Embassy of Azerbaijan to Germany, Bavarian Industry Association and the German Committee on Eastern European Economic Relations. The event began with remarks from Mr. Bertram Brossardt, Managing Director of the Bavarian Industry Association, who welcomed the guests and spoke about the presence of German companies, particularly those from Bavaria, operating in Azerbaijan. He also emphasized the growth potential of Azerbaijani-German trade and economic relations. 

Following this, Mr. Eric Beisswenger, Minister of the Bavarian State Ministry for European and International Affairs highlighted the pivotal role of the Bavarian economy in driving Germany's overall progress. He commended the business forum for its success and noted that such initiatives are instrumental in fostering Azerbaijan-Germany economic and trade cooperation. Mr. Beisswenger also highlighted the increasing interest of German companies in Azerbaijan. 

Next, H.E. Nasimi Aghayev, Ambassador of Azerbaijan to Germany, spoke about the expanding economic and trade ties between Germany and Azerbaijan. He also drew attention to the favorable business climate in Azerbaijan and the significant prospects available to German companies through the AFEZ. 

Lastly, as the keynote speaker, Mr. Alasgarov delivered an insightful presentation on the investment opportunities offered by the AFEZ. He outlined the key advantages of AFEZ, including its well-established unique legal framework, strategic location, a comprehensive package of fiscal and non-fiscal incentives, and ready-to-use industrial land plots. Additionally, he emphasized AFEZ’s advanced logistics and transportation infrastructure, designed to support efficient business operations. 

A central point of the presentation was the accelerated timeline for construction within AFEZ due to heightened investor interest. Mr. Alasgarov highlighted that development on 138 hectares in FEZ 1, designated for light manufacturing, commenced 18 months ahead of schedule, while construction on 365 hectares in FEZ 3, allocated for heavy industry, began 24 months earlier than planned. Overall, more than 7,500 hectares have been reserved for AFEZ development, with 6,500 hectares already allocated. Finally, he invited the German companies engaged in high-value added and export-oriented manufacturing to explore the investment opportunities in AFEZ. 

The presentation was met with considerable interest from participants, who recognized the proactive measures taken by AFEZA to address increasing demand. Many attendees expressed a strong interest in AFEZ’s offerings and engaged in discussions about potential investment opportunities, reflecting prospects for future collaborations.

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The delegation of Alat Free Economic Zone Authority, led by the Chairman of the Board, participated in the Germany-Azerbaijan Economic Forum 

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