Entrepreneurship

Home page

Entrepreneurship

Minister speaks about key focus areas of Azerbaijan-IsDB cooperation over the next five years

19 June 2026 15:48 (UTC +04:00)

Our cooperation with the Islamic Development Bank Group over the next five years will focus on economic diversification, investments in human capital, the development of green and sustainable infrastructure, as well as the expansion of regional connectivity, Economy Minister Mikayil Jabbarov said during a press conference held as part of the Islamic Development Bank Annual Meetings in Baku, APA-Economics reports.

"We are jointly working on new projects in the fields of water supply and treatment, railways, and agriculture, including in the liberated territories and the Alat Free Economic Zone. As an example, the Main Irrigation Canal project from the Maiden Tower Reservoir will contribute to improving water management and increasing agricultural productivity in the Jabrayil and Fuzuli districts, as well as surrounding areas," the minister said.

Mikayil Jabbarov Islamic Development Bank IsDB Azerbaijan economic diversification human capital green infrastructure sustainable development regional connectivity water supply irrigation agriculture railways liberated territories Alat Free Economic Zone Jabrayil Fuzuli Maiden Tower Reservoir investment infrastructure projects Baku IsDB Annual Meetings