Minister: “Stability allows investors who are less interested in Azerbaijan to enter the market”

Minister: “Stability allows investors who are less interested in Azerbaijan to enter the market”

The stability, macroeconomic, macrofiscal stability achieved by Azerbaijan in the region, primarily political stability, infrastructure provision and supply allow us to predict that industrialized or industry-based investors, who have shown less interest in our market so far, will enter the Azerbaijan market.

“Report” reports that this was said by Economy Minister Mikayil Jabbarov.

“We see this in some projects,” the minister added.

According to him, fragmentation tendencies in the world economy are increasing, economic stability is being disrupted, we will face a flexible decision-making system in a number of areas, because some constructions will already be under great challenge.

“We definitely predict that the “Great Return” will remain as an economic growth driver for us.

The transport and logistics sector is also under pressure in the world, but tectonic changes are taking place in the region. “The pressure caused by the interruption of transport between Russia and Western Europe on the transportation of necessary goods between the East and Europe is an opportunity for Azerbaijan, and we take this into account in our steps and strategies,” added M. Jabbarov.

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