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.