Taking into account the projects announced during ‘Baku Energy Week’, the total value of the planned joint projects will reach $16.7 billion, according to the Turkish news agency Anadolu. The agreements provide for investment in areas such as artificial intelligence, energy, renewable energy, construction, the digital economy, industry, agriculture, pharmaceuticals, finance and water management.
The forum, held under the slogan ‘Restoring Trust in a Fragmented World: The South Caucasus as a Pillar of Global Connectivity and Investment Stability’, addressed issues on the global economic agenda, investment prospects and new opportunities for regional cooperation.
The main agenda of the forum centred on regional links and investment opportunities in Azerbaijan, the prospects for the development of the ‘Middle Corridor’, industrial and free economic zones, artificial intelligence and digital transformation, energy and the ‘green’ transition, capital markets, the agricultural and food sectors, critical raw materials, and economic security.
Participants were presented with Azerbaijan’s potential in the areas of investment, manufacturing, innovation and the development of regional value chains. The country’s open, favourable and stable economic climate for foreign investment was highlighted, as was its status as a reliable partner in the implementation of strategic projects.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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