Azerbaijan International Investment Forum Secures $10.8 Billion in Deals

Baku:The Second Azerbaijan International Investment Forum has concluded with the signing of 23 investment agreements totaling $10.8 billion. The event was held under the patronage of President Ilham Aliyev in Baku and aimed at fostering international investment.

According to Azerbaijan State News Agency, the forum was organized with strategic partnership from the Ministry of Economy, "The European House - Ambrosetti," and TEHA Group. It brought together senior government officials, global investors, representatives of international financial institutions, think tanks, and business leaders.

The event focused on themes such as global economic trends, investment prospects, and regional cooperation, with a particular emphasis on Azerbaijan's investment climate. Discussions covered topics like the Middle Corridor transit prospects, industrial and free economic zones, artificial intelligence, green energy transition, capital markets, agribusiness, critical raw materials, and economic security.

The signed agreements encompass projects in various sectors, including artificial intelligence, renewable energy, construction, digital economy, industry, agriculture, pharmaceuticals, finance, and water management.

These deals, combined with initiatives announced during Baku Energy Week in June, bring the total value of planned investment projects in Azerbaijan to $16.7 billion.