The State Securities Committee held a seminar on investment in infrastructure through the capital market on February 16, organized by the World Bank, the press service of the department said.
The seminar focused on the different models of financing infrastructure projects, risk allocation mechanisms of the financial sector, as well as the requirements needed to increase the investment attractiveness of the infrastructure sector in Azerbaijan.
Particular attention was paid to the state partnership with the private sector in addressing the infrastructure financing problems.
The seminar was attended by representatives of the Mortgage Fund, State Oil Fund (SOFAZ), JSC Irrigation and Water Management, JSC Azerbaijan Investment Company, CBA, as well as the Ministries of Finance and Economy.
Infrastructure projects in Azerbaijan are financed by the state budget, SOFAZ and loans from international financial institutions (World Bank, EBRD and ADB) and foreign banks. ------08D
Economics
-
Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
Leave a review