Azerbaijan’s investment climate, opportunities in priority sectors, capital flows, the real estate market and prospects for the green energy transition were discussed at the forum, APA reports.
The Investment Prospects Forum has commenced in Baku within the framework of the 51st Annual Meetings of the Islamic Development Bank (IsDB) Group. The event is being held under the patronage of President of the Republic of Azerbaijan Ilham Aliyev, with the support of the Ministry of Economy and organized by the Azerbaijan Export and Investment Promotion Agency (AZPROMO).
The forum, attended by President of the Islamic Development Bank Group Muhammad Sulaiman Al Jasser, brought together representatives of the public and private sectors, international financial institutions, investment funds and multilateral development banks.
Speaking at the opening ceremony, Minister of Economy and Chairman of the Board of Governors of the Islamic Development Bank Group Mikayil Jabbarov emphasized that Azerbaijan’s hosting of this prestigious event once again confirms the country’s commitment to multilateral cooperation and to the common values and goals uniting member states. It was noted that discussions, bilateral meetings and various events to be held during the Annual Meetings would further strengthen Azerbaijan’s partnership with Islamic financial institutions.
The forum was highlighted as an important platform for presenting Azerbaijan’s investment potential and strategic projects to international investors and financial institutions, as well as for discussing new cooperation opportunities. Information was provided on the country’s macroeconomic stability and favorable business environment. Strategic connectivity, digital transformation and human capital were identified as key factors further enhancing Azerbaijan’s investment attractiveness.
The forum continues with panel sessions on “Capital, Growth and Opportunities in Azerbaijan and the Region”, “Investment Opportunities in Real Estate”, and “Empowering Azerbaijan’s Green Transition: Renewable Energy as a Promising Investment Opportunity”.
The sessions will focus on investment trends and capital flows emerging between Azerbaijan, the South Caucasus, Central Asia and the Middle East, priority sectors, investment opportunities in Azerbaijan’s urban development and infrastructure projects, residential, commercial and tourism assets, as well as the country’s renewable energy agenda, green finance instruments, risk mitigation mechanisms and regional energy export opportunities.
It should be recalled that the 51st Annual Meetings of the Islamic Development Bank Group have begun in Baku. The high-level event, dedicated to the theme “Regional Integration for Sustainable Prosperity”, has brought together senior officials from member countries, representatives of the public and private sectors, and international financial institutions. The meetings, which will continue until June 19, will feature discussions on strengthening economic cooperation, expanding investment opportunities and advancing sustainable development priorities.
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