The South African company 'Paramount Group' plans to invest $1 billion
by 2015 to improve production in Azerbaijan and India, APA reports,
citing the president of the company Ivor Ichikovits at a presentation
of engineering in Cape Town.
In an interview with 'Reuters' Ichikovits said that his company views
India as a perspective market and is cooperating with the Indian
company 'Ashok Leyland'.
Concerning Azerbaijan he said that they have already started
production of two types of mine resistant engineering in Baku. It will
be used for peacekeeping operations and border guarding.
