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Azerbaijan's non-oil sector attracts record-breaking foreign investments in 2023
Business
- 18 October, 2024
- 13:37
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Over the past five years (2019-2023), Azerbaijan has attracted a staggering $6.2 billion in FDI into its non-oil industries, the Azerbaijan Export and Investment Promotion Agency (AZPROMO) told Report.
Notably, 2023 has emerged as a landmark year, with over $2 billion in FDI flowing into Azerbaijan's non-oil sector – the highest annual figure ever recorded. This represents a remarkable 9% increase compared to the previous year.
Among the top investors in Azerbaijan's non-oil economy in 2022 were Russia, Türkiye, the United Arab Emirates (UAE), the Netherlands, and Switzerland.
Author
Azərbaycanın qeyri-neft-qaz sektoruna son 5 ildə birbaşa xarici investisiya qoyuluşunun məbləği açıqlanıb
Обнародована сумма прямых иностранных инвестиций в ненефтегазовый сектор Азербайджана за 5 лет
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