BAKU, Azerbaijan, April 30. Azerbaijan and the
European Bank for Reconstruction and Development (EBRD) held
discussions on cooperation, the country's Minister of Economy
Mikayil Jabbarov wrote on his X account, Trend reports.


“During the meeting with the delegation led by Elisabetta
Falcetti the Managing Director for Türkiye and the Caucasus at the
European Bank for Reconstruction and Development, we held
discussions regarding the EBRD's activities in Azerbaijan and
issues on the cooperation agenda. We also reviewed the priorities
of the Bank's investment strategy, as well as opportunities for
cooperation on projects in water supply, urban planning, transport
infrastructure, and renewable energy,” the publication reads.


As of the end of March 2026, the European Bank for
Reconstruction and Development (EBRD)’s project portfolio in
Azerbaijan stood at 919 million euros and comprised 36
projects.


According to available information, the bank’s share in these
projects is 1 percent, and its operational assets are estimated at
716 million euros.


The portfolio structure is as follows:







Corporate sector – 3%, financial institutions – 7%, sustainable
infrastructure – 90%.


The private sector accounts for 40% of the total portfolio
value.


Since the start of its operations in Azerbaijan, the EBRD has
invested a total of 3.7 billion euros in the country’s economy. The
total amount of funds allocated is 3.4 billion euros.


To date, the EBRD has supported the implementation of 202
projects in Azerbaijan.