To date, Türkiye has invested $15.2 billion in the Azerbaijani economy, chairman of the Board of the Small and Medium Business Development Agency (KOBIA) under the Economy Ministry, Orkhan Mammadov, said at a public hearing on the topic “Cooperation with unions of Turkish businessmen” in Baku, Report informs.
He noted that of this, $11.7 billion came from the oil and gas sector, and $3.5 billion from the non-oil and gas sector.
“So far, the number of commercial organizations with Turkish capital registered in Azerbaijan has been 5,670. Of these, more than 4,000 are active. In particular, the role of Turkish companies in the restoration of the territories of Azerbaijan liberated from occupation is undeniable,” he added.