$800M non-oil Dutch investment in Azerbaijan

Officials and around 50 business people from the Netherlands and Azerbaijan took part in the bilateral business forum held on April 23, 2015 in Maastricht. According to Azerbaijan’s Ministry of Economy and Industry, 125 companies with Dutch investment currently operate in the fields of service, commerce, industry, banking, insurance, construction, transportation and so on in Azerbaijan. Netherlands’ companies invested about $800 million into non-oil sector of Azerbaijan’s economy,” Minister of Economy and Industry Shahin Mustafayev pointed out, adding that the Cooperation Treaty reached between the Maastricht School of Management (MSM) of Netherlands and ADA University of Azerbaijan participated in the strong development of bilateral relations. Dutch Minister of Economic Affairs Henk Kamp and special envoy for the Dutch Government for energy in the Caucasus region Senator René van der Linden attended the forum.