The Japanese Ambassador to Azerbaijan, Mr Junichi Wada, expressed a wish to visit our Cement plant and get familiarized with the cement products and SD initiatives of Holcim Azerbaijan. During the meeting, the Ambassador discussed with the Holcim team on Alternative Fuel Resources, Waste management and Recycling construction demolition waste activities.
In parallel with the core company business, Mr Ambassador was interested in Holcim CSR actions related to Women Empowerment initiatives for communities. He was impressed by visiting the Women's Community Centre in Umid and talking with women about their activities.
At the end of the visit he took part in the planting of tree actions at the plant territory. It is a traditional event in the frame of Holcim/Office go green initiative. As a follow-up to the meeting, the Ambassador said he's ready to build a partnership with Holcim to promote sustainable development initiatives in Azerbaijani society. ®
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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