A visit was taken by vice-chairman Eng. Mohamed Hassan Dorra to Azerbaijan, whereby a meeting was held between him and Chairman of Azerbaijan Small and Medium Business Development Agency Orkhan Mammadov on February 8 to discuss the establishment of a CRC-Azerbaijan branch and explore investment opportunities available in Azerbaijan.
Orkhan Mammadov noted that the Agency is ready to support the establishment of relations between SMBs and business associations working in the relevant fields with the Dorra Contracting. In addition, the agency’s expressed readiness and interest in joint-ventures.
The Azerbaijani government has allocated AZN 2.2 billion ($1.3bn) for reconstruction works in the liberated territories in 2021. In particular, these funds will be used to restore the infrastructure (electricity, gas, water, communications, roads, education, health, etc), as well as cultural and historical monuments.
In response to this fruitful meeting, Dorra contracting has established a satellite branch in Azerbaijan, to research the opportunities and begin exploring the back-end operations for a future integration within the Azerbaijan real-estate/construction industry.