Private investments in Karabakh, East Zangazur may exceed $176,000

The overall volume of private investments in the development of the Karabakh and East Zangazur economic regions of Azerbaijan is expected to reach 300,000 manats (over $176,000) by the end of the year, Farid Mammadov, the General Director of the Caspian Event Organizers, said at the 2nd Azerbaijan International "Restoration, Reconstruction and Development of Karabakh" - "Rebuild Karabakh" Exhibition and the 27th Azerbaijan International Construction Exhibition, Report informs.

He noted that attraction of foreign contractors and investors may ensure a dramatic increase in investments in Karabakh.

"This is the main goal of the Rebuild Karabakh exhibition. The diversity of the offered innovation products, services and solutions promotes new agreements between the representatives of various industrial spheres for the implementation of joint projects in Karabakh," Mammadov said.