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European assessment of business climate in Azerbaijan

3 May,2021

The return of the lands liberated after almost 30 years of occupation to the economic turnover opens up great opportunities for Azerbaijan to attract investments for the restoration of these territories. It can become a powerful incentive for the rapid development of the national economy in the medium and long term.

“The territory of more than 10,000 square kilometers has been liberated. Therefore, I think there is enough work for all the friends of Azerbaijan,” President Ilham Aliyev noted. “We will attract companies from friendly countries. We are already receiving applications from various countries for certain types of work.”

According to the president, there are already applications for the provision of services for the planning of cities, the construction of facilities, including infrastructure - roads, bridges.

Local experts agree that with the restoration of infrastructure (transport and utilities) in the liberated territories, the country will have a unique opportunity to make an economic breakthrough in the next decade.

The attraction of investments requires the government to carry out, I would say, the continuation of the initiated reforms in terms of creating a business-oriented environment.

 
AUTHOR: Editor-in-Chief of Start News Agency