Investment mechanisms of Turkish Investment Fund to be announced in Baku

This week in Baku, the funding mechanisms of the Turkic Investment Fund established in 2023 will be presented, Report informs, citing the National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan (ASK).

The funding rules and criteria for accepted projects will be officially announced for the first time at an informative meeting for business leaders organized by the Turkic Investment Fund and the Union of Turkish Chambers of Commerce and Industry (TCCI).

Additionally, the event will feature comprehensive presentations about business and investment opportunities in Turkic states, particularly in Azerbaijan, and B2B meetings will be organized.

Azerbaijan has taken over the leadership of the Union of Turkic Chambers of Commerce and Industry (TCCI) for 2025, and ASK represents the country in TCCI.

The Turkic Investment Fund aims to contribute to the development of economic and trade relations between Turkic states. The fund's charter capital is $500 million.

Azerbaijan is represented by Minister of Economy Mikayil Jabbarov on the Board of Directors of the Turkic Investment Fund.