BAKU, Azerbaijan, July 15. Azerbaijan has
identified priority economic sectors with the greatest growth
potential and significant appeal for private investment, Economy
Minister Mikayil Jabbarov said, Trend's correspondent reports from the event.
Speaking at the Azerbaijan-Slovakia Business Forum in Baku,
Jabbarov said the government has identified sectors that are
considered to have the strongest potential for economic growth and
are therefore the most attractive for private capital.
"We have identified sectors of Azerbaijan's economy that, in our
view, have the greatest potential for economic growth and are
therefore the most attractive for private capital. Relevant state
programs are being implemented for these purposes. These currently
include the state program for the development of the mining
industry and metallurgy, the state program for digital
transformation, the state program for the development of
agriculture and agro-processing, as well as the state program for
tourism development," he said.
Jabbarov said these programs have either already been adopted or
are at the final stage of preparation.
The minister noted that the selected sectors align both with
Azerbaijan’s economic development priorities and with the profile
of Slovak companies.
He added that projects involving industrial production benefit
from a plug-and-play approach in specially established industrial
zones, allowing investors to launch production and implement
projects more quickly.
Jabbarov also emphasized Azerbaijan’s interest in attracting new
technologies, modern expertise and production capabilities that
would enable the country to manufacture competitive products
domestically.
