Foundation for Export and Investment Promotion in Azerbaijan (AZPROMO) has prepared a new catalog of investment projects, the financing of which foreign investors may also be involved. The catalog includes 65 projects in all priority areas of the real sector: agriculture, industry, energy and alternative sources of renewable energy, tourism, ICT.
The AZPROMO statement noted that the directory is represented by foreign investors during the meetings and events, both in Azerbaijan and abroad.
Catalogue of investment projects is formed on the basis of proposals from private investors. AZPROMO (a structure of the Ministry of Economy) is preparing the catalog for many years. --08D—
Economics
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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Azerbaijan has temporarily suspended the import of cattle, poultry, and related products from several regions following outbreaks of foot-and-mouth disease and highly pathogenic avian influenza in Europe, the Middle East, and Africa, the country's Food Safety Agency (AQTA) reported.
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