BAKU, Azerbaijan, March 5. Azerbaijan's
Ministry of Digital Development and Transport and BlackRock
discussed attracting investment in digital and transport
infrastructure, the country's Minister of Digital Development and
Transport Rashad Nabiyev wrote on his X account, Trend reports.
"In London, we held a meeting with Charles Hatami, Global Head
of Finance and Strategic Investors at BlackRock.
During the meeting, we discussed issues related to the
development of cooperation within the framework of the Memorandum
of Understanding between President Ilham Aliyev and the head of
BlackRock," the publication says.
According to the information, the parties also exchanged views
on the preliminary results of joint work on attracting investments
in digital infrastructure, the artificial intelligence ecosystem,
the creation of a regional data processing center, and the
development of air transport infrastructure.
On January 20, 2026, the State Oil Fund of Azerbaijan Republic
(SOFAZ) signed a strategic cooperation protocol with BlackRock, the
world's largest asset management company, and its affiliate Global
Infrastructure Partners (GIP), with planned investments of up to
$1.5 billion in infrastructure and digital projects.
