We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established
Directions of the strategic investment projects for which the investment promotion document is to be issued have been approved 02.02.24
Directions of the strategic investment projects for which the investment promotion document is to be issued have been approved

By the Decree of the President of the Republic of Azerbaijan dated February 1, 2024, directions of the strategic investment projects for which the investment promotion document is to be issued have been approved have been approved.

These include:

1. Production projects based on local raw material base (metal ore, oil, gas, chemical, construction materials and cotton fields);

2. Energy production projects from renewable energy sources;

3. Waste management and recycling projects;

4. Sea water desalination projects;

5. Projects of establishment of private industrial districts;

6. Production projects of non-oil industry enterprises privatized through investment competitions after January 1, 2023;

7. "First in Azerbaijan" projects implemented aimed at establishing areas of economic activities, whose production is organized for the first time in the Republic of Azerbaijan, promoting the level of self-sufficiency with local products (substitution of imports) or boosting the export potential of the non-oil sector;

8. Aircraft operation and maintenance projects;

9. Projects for the repair of the rolling stock of the railway and the production of its spare parts;

10. Projects for the production of military products;

11. Aluminium products manufacturing projects;

12. Public-private partnership projects (such as private sector projects to generate power with government purchasing obligations);

13. Accommodation project within the COP29 international event.

 https://bit.ly/3u8WRGt

Powered by Froala Editor