BAKU, Azerbaijan, January 23. Azerbaijan is reorienting its economy by strengthening public-private partnerships and attracting private investors into non-oil sectors, infrastructure, digital transformation and export-oriented industries, TurkicWorld reports, citing Euronews via AZPROMO.
Azerbaijan is drawing growing international interest as it expands PPP mechanisms and promotes investment beyond the oil sector. Officials say more than $29 billion in foreign direct investment has flowed into the country over the past five years, with Türkiye, Switzerland and the United States among the largest contributors.
Reforms to the investment framework and newly adopted PPP legislation are opening opportunities in infrastructure, digital transformation and export-oriented industries. The government says its long-term development strategy is focused on creating a competitive business environment and supporting sustainable economic growth.
