AZPROMO: Turkish Investments in Azerbaijan's non-oil and gas sector reached $4.5B

The total volume of Turkish foreign direct investment (FDI) in the non-oil and gas sector of Azerbaijan for 1995-2024 amounted to $4.5 billion, Yusif Abdullayev, Executive Director of the Azerbaijan Export and Investment Promotion Agency (AZPROMO), said at the 6th general meeting of the Turkish-Azerbaijani Businessmen and Industrialists Public Union (TÜIB) in Baku.

According to Report, Abdullayev emphasized that AZPROMO closely cooperates with a number of prestigious business communities in Türkiye. These include TÜİB, DEİK (Foreign Economic Relations Council of Türkiye), TOBB (Union of Chambers and Stock Exchanges of Türkiye), TİM (Turkish Exporters Council), MÜSİAD (Association of Independent Industrialists and Businessmen), İSİFED (Istanbul Federation of Industrialists), and others.