Capital of British origin has intensified in Azerbaijan. In the first quarter companies from this country were the leaders of foreign investment in the local economy with 490 million 16.1 thousand manat (33.5% of the total with an increase of 2.3 times compared to the same period last year). Traditionally, in the second place was Norway (216 million 179 thousand manat or + 29.2%) followed by Turkey - 185 million 682.8 thousand manat (+ 66%).
In general, by April 1, foreign investments in Azerbaijan's economy amounted to 1 billion 464,480,000 manat (+ 44.1%). --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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