Azerbaijan is reorienting its economy by strengthening public-private partnerships and attracting private investors into non-oil sectors, infrastructure, digital transformation and export-oriented industries.
Azerbaijan is attracting growing international interest as it expands public-private partnerships and promotes investment beyond the oil sector. Officials say more than $29 billion in foreign direct investment has flowed into the country over the past five years, with Turkiye, Switzerland and the United States among the largest contributors. Reforms to the investment framework and new PPP legislation are opening opportunities across infrastructure, digital transformation and export-oriented industries. The government says its long-term development strategy aims to build a competitive business environment and support sustainable economic growth.