IMAX has struck a deal with Caspian Capital Limited to open the first IMAX theatre in Azerbaijan.

The theatre will be located in the capital city of Baku in a new construction project slated to open in October 2012. Today’s agreement brings to 50 the total number of IMAX theatres open or contracted to open in Russia and the CIS.   

IMAX first entered Russia and the CIS in 2003.

“We are proud to be the first to bring IMAX to audiences in Azerbaijan,” said General Director of Caspian Capital Emin Mammadov. “IMAX’s slate of Hollywood blockbusters coupled with its immersive format is sure to thrill fans and revolutionize the movie-going experience for audiences across the country.”

“We are pleased to partner with Caspian Capital to introduce IMAX to audiences in Azerbaijan,” said IMAX CEO Richard L. Gelfond [pictured]. “Our entry into the country reflects the growing international appeal of the IMAX brand and we anticipate that today’s announcement will set the stage for even greater opportunities for IMAX in the CIS.”