At the 32nd Annual Meeting of the Board of Directors of the European Bank for Reconstruction and Development (EBRD), which took place in Samarkand, Uzbekistan, Azerbaijan was represented by a delegation led by First Deputy Minister of Economy Elnur Aliyev. Within the framework of the event, a session was held to present the investment opportunities of Azerbaijan. Mr. Elnur Aliyev informed about the national priorities of our country and the ongoing economic projects. It was noted that new towns and villages are being built, and infrastructure investments are being made based on "smart" concepts as part of the National Priority for the return to our liberated territories. Tax and customs incentives are applied to investments in these areas, declaring them as "green" energy spaces.
First Deputy Minister Elnur Aliyev, who provided information about the favorable opportunities created for foreign investors in Azerbaijan, stated, "Azerbaijan, as the main participant in the Middle Corridor, has made significant investments in infrastructure to expand the scope of cooperation. Currently, Azerbaijan has a large fleet in the Caspian. The Alat Free Economic Zone is open to foreign investment due to the availability of modern ports and main transport corridors. Our country can play an important role in strengthening relations between the East and West in the transport and transit, energy resource, and humanitarian spheres."
During the event, it was reported that Azerbaijan has seven industrial parks, two of which are located in the Azerbaijani territories liberated from occupation. These industrial parks provide tax and customs benefits, along with the necessary infrastructure for investors. Additionally, it was mentioned that Azerbaijan and Uzbekistan have established a joint investment fund, creating new opportunities for financing joint projects in both countries.
Ruslan Alikhanov, General Director of Azerbaijan Investment Holding, Afgan Isayev, General Director of Southern Gas Corridor CJSC, and Ulvi Mansurov, Executive Director of Azerbaijan Investment Company JSC, discussed the favorable business and investment environment in Azerbaijan. They highlighted opportunities in renewable and green energy projects, legislative improvements, and various projects implemented in this direction.
Furthermore, within the meeting, a discussion took place regarding the investment opportunities available in Azerbaijan.