Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

How Azerbaijan Investment Company balances growth, innovation & foreign investment

In partnership with
How Azerbaijan Investment Company balances growth, innovation & foreign investment
Copyright  Euronews
Copyright Euronews
By Euronews
Published on
Share this article
Share this article Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

In this episode of Azerbaijan Diary, Ulvi Mansurov discusses Azerbaijan Investment Company’s role in driving industrial growth, attracting foreign investment, and supporting economic diversification.

ADVERTISEMENT

Azerbaijan Investment Company (AIC) has invested $170 million in 23 projects across key sectors, including green energy, pharmaceuticals, and manufacturing. These investments contribute to a total project value of $1 billion, with $280 million from foreign investors.

AIC plays a role in technology transfer and employment, with 2,300 jobs expected from its projects. Executive Director Ulvi Mansurov highlights AIC’s strategy of risk-sharing and collaboration with international partners to support Azerbaijan’s economic development beyond the oil sector. 

Go to accessibility shortcuts
Share this article

Read more