Portfolio

Our investment projects

Diamed Co - Disposable Syringe Manufacturing Plant
Pharmaceutical 2017

Diamed Co - Disposable Syringe Manufacturing Plant

An enterprise established in partnership with Diamed Development Group, producing high-quality disposable syringes in accordance with international standards. The products are intended for both local and international healthcare markets.

Diamed Development - Infusion Solutions Plant
Pharmaceutical 2022

Diamed Development - Infusion Solutions Plant

The facility produces essential intravenous infusion solutions - including Sodium Chloride (0.9%), Ringer’s Lactate, and Glucose (5%) to meet the needs of healthcare institutions across the region.

ACPD — Hatching Egg Production
Agri-food 2023

ACPD — Hatching Egg Production

Located in the Yevlakh Agropark, this enterprise uses advanced technologies to produce high-quality locally sourced hatching eggs. Alongside reducing dependence on imports, the project strengthens the country’s food security.

Bafco - Protective Footwear Manufacturing
Production 2024

Bafco - Protective Footwear Manufacturing

Located in the Aghdam Industrial Park, the Bafco facility is equipped with state-of-the-art German machinery. It manufactures various types of occupational footwear, including ankle boots, high-leg boots, and polyurethane boots, in accordance with modern occupational safety standards.

AzerFloat - Sheet Glass Manufacturing
Production 2025

AzerFloat - Sheet Glass Manufacturing

Located in the Sumgayit Chemical Industrial Park, AzerFloat produces thermoformed clear and coloured sheet glass with a thickness of 2–12 mm for the construction and industrial markets. Approximately 70% of its output is exported. Expansion plans include the local processing of quartz sand and the introduction of lamination and tempering processes.

Electric Bus Manufacturing
Transportation 2025

Electric Bus Manufacturing

A project implemented jointly with Electrify Azerbaijan LLC for the assembly and production of BYD electric buses at the Sumgayit Chemical Industrial Park. Azerbaijan will be the primary sales market during the initial years, with exports to Georgia, Türkiye, and Russia planned for the subsequent stage.

Şahbulaq Mining
Building Materials 2022

Şahbulaq Mining

The company is engaged in the extraction and processing of limestone from the Shahbulag deposit in the Aghdam district. Together with the restored Khojaly cement plant, it produces cut stone and cement. The enterprise is one of the key suppliers of construction materials for the reconstruction of Karabakh.

Balxurma — Xurma Emalı
Agri-food 2022

Balxurma — Xurma Emalı

The company processes raw materials sourced from local persimmon orchards into dried and chocolate-coated products. It also produces dried fruits such as kiwi, plum, apple, and strawberry. The products are intended for both the domestic market and export.

Azersun Production and Logistics Center
Logistics 2016

Azersun Production and Logistics Center

A modern 4.2-hectare cold chain logistics center located in Kazakhstan’s Aktau Free Economic Zone. The center consists of three climate-controlled storage units that provide different temperature regimes ranging from +12°C to −38°C.

Balacans Agro Food
Agri-food 2021

Balacans Agro Food

Using modern food processing technologies, the company produces a wide range of canned products, including peeled tomatoes, compotes, jams, canned salads, as well as freeze-dried fruits and vegetables.

Gen Pharma — Pharmaceutical Manufacturing
Pharmaceutical 2023

Gen Pharma — Pharmaceutical Manufacturing

A pharmaceutical plant being constructed in the Pirallahi Industrial Park in partnership with Türkiye’s GEN İlaç company. The facility will manufacture approximately 100 pharmaceutical products under 90 different brand names, covering various dosage forms and packaging types.

C2A Security
Technology 2023

C2A Security

Implemented in cooperation with Israel’s OurCrowd Fund, the project offers an innovative platform designed to protect the internal systems of electric vehicles from cyberattacks. Its objective is to minimise cyber risks through modern approaches.

Promalt — Malting Barley Processing
Agri-food 2024

Promalt — Malting Barley Processing

Located in the city of Imishli, the plant is equipped with machinery supplied by Switzerland’s Bühler GmbH. It processes malting barley cultivated by Azərşəkər LLC in accordance with industry standards to produce premium-quality malt for the brewing sector.

Green Karabakh Energy — Small Hydroelectric Power Plants
Energy 2024

Green Karabakh Energy — Small Hydroelectric Power Plants

Under a public-private partnership model with Türkiye’s Demirören Yatırım Holding, four small hydroelectric power plants located on rivers in the Kalbajar and Lachin districts will be restored and commissioned. The first plant, Malibey, will generate enough electricity to supply approximately 7,000 households annually.

Qabala Beverages Company
Production 2024

Qabala Beverages Company

Established in Qabala in partnership with Georgia’s Georgian Beer Company LLC, the plant uses advanced international technologies to produce licensed premium beer brands, locally brewed beer, and non-alcoholic beverages. By exporting competitive products, the company contributes to expanding the country’s export potential.

Shafag Jabrayil Solar Power Plant
Energy 2025

Shafag Jabrayil Solar Power Plant

This is the first utility-scale solar energy project in Azerbaijan’s liberated territories and the largest foreign investment project in the region. Jointly developed by SOCAR and bp, the Shafag Solar Power Plant will supply clean energy to the Jabrayil power grid and meet the Sangachal Terminal’s renewable energy needs.

Quality Pack Caspian (Hell Energy)
Production 2025

Quality Pack Caspian (Hell Energy)

A joint venture established in the Alat Free Economic Zone in partnership with Hungary’s Hell Group. Using advanced European technologies, the plant will manufacture and fill aluminium beverage cans, with an initial annual filling capacity of 415 million cans.

Ecostar Green
Energy and Environmental Recycling 2025

Ecostar Green

Developed jointly with SOCAR Downstream and Italy’s Technip Energies, this innovative circular economy project uses Alterra technology to convert plastic waste into pyrolysis oil, transforming waste into a valuable alternative energy source.

INMerge Fund (IVF)
Venture Capital 2024

INMerge Fund (IVF)

A USD 4 million early-stage venture fund established at the INMerge Innovation Summit jointly by the Innovation and Digital Development Agency, Pasha Innovation, and Türkiye’s DSM Grup. The fund invests in startups operating in the SaaS, FinTech, AI, DeepTech, AgriTech, and EdTech sectors across the South Caucasus, Central Asia, Eastern Europe, and the MENA region.

AzerBazalt
Advanced Materials 2025

AzerBazalt

The company extracts basalt rock from the Chaykend deposit in the Goygol district and processes it in the city of Ganja. The initial stage will involve the production of basalt powder and mineral fertilizers. At the next stage, the production of high-tech composite materials, including basalt fibre, reinforcing bars, and mesh, is planned for use in the construction, energy, and transport sectors.

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