BAKU, Azerbaijan, June 16. ACWA Power is
interested in collaborating with small and medium-sized
enterprises, Selim Güven, ACWA Power’s Managing Director for
Azerbaijan and Türkiye, said, Trend‘s correspondent reports from the event.
He made the remark during a panel discussion titled “Halal MSMEs
and the Sustainable Transition to a Green Economy, Halal Value
Chains, and Inclusive Growth,” held as part of the Annual Meeting
of the Islamic Development Bank (IsDB) Group in Baku.
“Our projects are designed for a 30-year lifecycle. Therefore,
small and medium-sized enterprises also need to think long-term. We
are interested in cooperating with them because recent global
events—the COVID-19 pandemic, events in Europe and Ukraine, as well
as the latest developments in Iran—have demonstrated just how
vulnerable global supply chains can be,” he said.
Güven noted that it is of critical importance to develop local
manufacturing and the domestic supply of components. This approach
is faster, more cost-effective, and built upon long-term
partnerships.
“We are ready to co-develop growth plans. Perhaps not everything
will turn out perfectly on the first attempt, but businesses need
to focus on the long-term accumulation of competencies and the
creation of sustainable business opportunities for all
stakeholders,” he added.
