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2024-04-01 21:24:15
Azerbaijan and Türkiye discussed the possibilities of implementing investment projects.
As Day.Az reported on Monday, Azerbaijani Minister of Economy Mikail Jabbarov wrote about this on social network X.
“The Azerbaijan-Turkey union and the platform of successful economic partnership continue to flourish thanks to the implementation of joint initiatives. During a meeting with representatives of the Turkish companies Koç Holding and Aksoy Holding, we exchanged views on the possibilities of implementing investment projects in our country, as well as the prospects for cooperation “, the publication says.
It should be noted that according to the Central Bank of Azerbaijan, in 2023 the volume of foreign direct investment (FDI) in Azerbaijan amounted to 3.1 billion US dollars. The top three countries in terms of FDI from Azerbaijan are Turkey – $1.8 billion, the USA – $311 million and the UK – $157 million.
In turn, in 2023, FDI in the Azerbaijani economy amounted to 6.658 billion US dollars. The top five leading countries in terms of FDI in the Azerbaijani economy are: Great Britain – $1.857 billion, Turkey – $1.302 billion, Cyprus – $791.594 million, Russia – $617.339 million and Iran – $395.983 million.