F1 Grand Prix to attract long-term investments in Azerbaijan, says minister

F1 Grand Prix to attract long-term investments in Azerbaijan, says minister
# 30 March 2016 17:03 (UTC +04:00)

Azerbaijani Minister of Economy Shahin Mustafayev told the aforesaid in an interview to The Business year magazine, APA-Economics reported.

“This event will have a significant impact on sport development, it will contribute to the economy, and the increase in the number of visitors will stimulate the tourism and service sectors. In addition, the positive image of the country will be highlighted and long-term investments will increase. The athletes and guests taking part in the competition will have an opportunity to get acquainted with the country and observe the successful development model of Azerbaijan”, said the minister.

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