DAVOS, Switzerland, January 21. On January 21,
President of the Republic of Azerbaijan Ilham Aliyev met with
Connor Teskey, President of Brookfield Asset Management, in Davos,
Trend reports.
The meeting included an exchange of views on
investment-attractive sectors and potential projects in Azerbaijan
within the framework of cooperation with the State Oil Fund of the
Republic of Azerbaijan (SOFAZ), taking into account Brookfield
Asset Management’s global investment activities focused on real
assets.
As part of the meeting, a protocol of intent on long-term
strategic cooperation was signed between SOFAZ and Brookfield Asset
Management.
The document aims to institutionalize and deepen existing
strategic relations, expanding the Fund’s access to reputable
global investment platforms. Furthermore, the partnership includes
plans to evaluate potential capital investments by SOFAZ of up to
$1.4 billion over the next 3–4 years into funds and joint
investment projects managed by Brookfield.
As part of this cooperation, the parties intend to explore
opportunities in key sectors within Azerbaijan with high investment
potential, including energy transition and storage, renewable
energy, digital infrastructure, and other areas.
Will be updated
