Azerbaijan

Exploring Economic Initiatives in Azerbaijan: A Euronews Special

Euronews Highlights Azerbaijan’s Non-Oil Sector Development

Euronews recently released a video showcasing the investment projects being implemented in Azerbaijan and the growth of the country’s non-oil sector. The video, a part of the Azerbaijan Diary series, features insights from Ulvi Mansurov, the Executive Director of Azerbaijan Investment Company (AIC).

Mansurov emphasized AIC’s significant role in driving industrial growth, attracting foreign investment, and supporting economic diversification in Azerbaijan. The company plays a vital role in technology transfer and employment generation, with an expected creation of 2,300 jobs through its projects.

Furthermore, Mansurov outlined AIC’s strategy of risk-sharing and collaboration with international partners to bolster Azerbaijan’s economic development beyond the oil sector. The emphasis on diversification and collaboration highlights the country’s commitment to sustainable growth and development.

Overall, the video sheds light on the innovative initiatives and partnerships driving Azerbaijan’s economic transformation and underscores the potential for continued growth and prosperity in the non-oil sectors of the country.

 

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