Baku 23° C
Azerbaijan's non-oil sector attracts record-breaking foreign investments in 2023
Business
- 18 October, 2024
- 13:37
Add Report.az to preferred Google sources
Stay up to date with the top news!
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
Latest News
20:06
Photo
Sites of Memory of Western Azerbaijan: Kichik Mazra villagers subjected to massacre, deportation by Armenians
Domestic policy
19:41
IEA members to release more than 400 million barrels from strategic reserves
Other countries
19:22
ASAN service experience may be introduced in Iraq
Foreign policy
19:07
Photo
CIS social protection officials visit DOST Inclusive Development and Creativity Center
Social security
18:51
Lithuanian, Ukrainian firms sign deal on electronic warfare and drone components
Other countries
18:41
Video
Video from 7th CICA Summit posted on Azerbaijani president's social media
Foreign policy
18:26
Azerbaijan, Latvia discuss defense and defense industry cooperation
Foreign policy
18:01
Tokayev: Trans-Caspian Fiber-Optic Cable is project of international significance
Foreign policy
17:54
Photo
Baku hosts 7th CICA Summit, President Ilham Aliyev addresses the event - Updated
Foreign policy