How Azerbaijan Investment Company balances growth, innovation & foreign investment
In this episode of Azerbaijan Diary, Ulvi Mansurov discusses Azerbaijan Investment Company’s role in driving industrial growth, attracting foreign investment, and supporting economic diversification.
Azerbaijan Investment Company (AIC) has invested $170 million in 23 projects across key sectors, including green energy, pharmaceuticals, and manufacturing. These investments contribute to a total project value of $1 billion, with $280 million from foreign investors.
AIC plays a role in technology transfer and employment, with 2,300 jobs expected from its projects. Executive Director Ulvi Mansurov highlights AIC’s strategy of risk-sharing and collaboration with international partners to support Azerbaijan’s economic development beyond the oil sector.
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