00:00These initiatives create stimulation, green solutions, regional development and private sector participation in public sector.
00:11This will allow the government to share the risk with private partners to do strategic projects faster.
00:30Over the past two years, the Minister of Economy has made significant progress to strengthening and expanding public-private partnership framework.
00:47Currently we are working with institutional capacity building our line ministries and developing our PPP legal framework
00:57and also bringing global expertise.
01:00The first, 2026 public-private partnership project portfolio includes six strategically important and social impactful projects offering multiple entry points for local and international investors.
01:16Priority is given to non-oil industry, export-oriented production, infrastructure and digital transformation.
01:24We already signed a commercial closure with AquaPower company.
01:28The project aim is to address water security, infrastructure and environmental challenges.
01:36In the last five years, more than 29 billion FDI invested into Azerbaijan, the biggest contributors
01:45of FDI, Turkey, Switzerland, US and other countries.
01:53We have investment law that clearly protects investor rights, Azerbaijan economic diversification, creating strong opportunities for investors in non-oil economy.
02:08Under Azerbaijan 2013 and 2022-2026 development strategy program, the government prioritized competitive business environment, modern infrastructure and human capital development.
02:26During the implementation period of this program, the oil industry decreased gradually.
02:35Looking ahead, Azerbaijan is preparing 2027-2013 development program, which clearly targets the investment, export, jobs across the key sectors.
02:53Thank you.
02:54Thank you.
02:55Thank you.
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