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02:33Now time for our Business Horizons Insight.
02:36Azerbaijan has allocated over €11 billion since 2020 toward rebuilding Karabakh and eastern Zangazul.
02:44Focusing heavily on non-oil sector growth, the Agdam Industrial Park alone has attracted nearly €88 million in private enterprise
02:53investments, creating a major manufacturing centre designed around tax exemptions and state-funded infrastructure.
03:00Pilot projects centring on sustainability like the Zangalang Smart Village in Arali rely on 100% green energy.
03:09It utilises localised hydropower and solar capacity and it's establishing a sustainable blueprint for all upcoming residential developments across the
03:18region.
03:19Karabakh is undergoing hugely ambitious reconstruction programmes and has been celebrated as a model of good practice at the World
03:27Urban Forum.
03:28So we went on location to see the progress first hand.
03:42Our biggest challenge was starting reconstruction almost from the zero.
03:47and there was a list of challenges such as assessing damaged infrastructure, providing new utility networks.
03:55There is also a challenge of mountains terrain with demanding climate conditions, also preserving the historical identity in the cities.
04:11We've used BIM technologies, which is building information modeling for construction, GIS plannings, drone surveys, laser scans for historical buildings
04:24as well.
04:24Personally, I'm really proud of that taking part in rebuilding Shusha and creating better conditions for residents, for visitors.
04:35And this gives me hope for the future of Shusha.
04:39Rebuilding post-conflict areas has become a worldwide priority, as is housing for all, as stated by the United Nations.
04:47The developments in Karabakh has proven that with time, investment and effort, the vision can be achieved.
04:53That's all for this edition of Business Horizons.
04:55Thanks for watching.
04:56Thanks for watching.
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