Baku hosts investment conference
08 November 2006 12:06 (UTC +04:00)
Azerbiajani Economic and Development Minister Heydar Babayev read out President Ilham Aliyev’s appeal at the outset.
IDB President Dr. Ahmad Mohamed Ali AL-Madani said the IDB attaches great importance to both expansion of the relations between the member states and mutual investment-making.
“The IDB implements a Mutual Investment Program in collaboration with United Nations Industrial Development Organization (UNIDO) and Malaysia-based Development Organizations. I call on Azerbaijan to take part in this Program,� he said.
Touching on the analysis concerning Azerbaijan, Dr. Ahmad Mohamed Ali said that Azerbaijan’s export was $547m in 1995 while it reached $4.5bn in 2005. During this period the inflation fell.
He also added Baku-Tbilisi-Ceyhan came on line, and this pipeline will double Azerbaijan’s opportunities.
“The Small and Medium-size Enterprises is expected to thrive in Azerbaijan in the nearest future. Investment flows to Azerbaijan will increase,� he underscored.
The conference participants watched trade exhibition. The Government’s exhibition was dedicated to Azerbaijan’s prospects and investment climate. /APA/
IDB President Dr. Ahmad Mohamed Ali AL-Madani said the IDB attaches great importance to both expansion of the relations between the member states and mutual investment-making.
“The IDB implements a Mutual Investment Program in collaboration with United Nations Industrial Development Organization (UNIDO) and Malaysia-based Development Organizations. I call on Azerbaijan to take part in this Program,� he said.
Touching on the analysis concerning Azerbaijan, Dr. Ahmad Mohamed Ali said that Azerbaijan’s export was $547m in 1995 while it reached $4.5bn in 2005. During this period the inflation fell.
He also added Baku-Tbilisi-Ceyhan came on line, and this pipeline will double Azerbaijan’s opportunities.
“The Small and Medium-size Enterprises is expected to thrive in Azerbaijan in the nearest future. Investment flows to Azerbaijan will increase,� he underscored.
The conference participants watched trade exhibition. The Government’s exhibition was dedicated to Azerbaijan’s prospects and investment climate. /APA/
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