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Jamid Movsumov, Chairman of the Board of the Association, said that the Azerbaijan Franchise Association (AFA) plans to hold the "Turan-Economic Forum" in December 2023 with the aim of investing in the tourism sector in the country.
According to him, it is expected that more than 500 companies from more than 100 countries will take part in the forum, including, in particular, Saudi Arabia, Kuwait, Japan, Russia. "We also expect investment agreements to be concluded at this forum," he said.
Movsumov highlighted that this year the forum will be held in Baku, and in subsequent years - in Türkiye, Kazakhstan, Kyrgyzstan, Turkmenistan, Uzbekistan, Hungary.
The association plans to open a "Rayess" chocolate factory in Azerbaijan by the end of August. At the first stage, it is planned to invest $1 million in the project, at the second - another $10 million.
Source: www.trend.az