Karabakh & East Zangazur receive $686 million investment in Q1 Majority allocated to construction

In the first quarter of this year, investments amounting to AZN1.167 billion ($686 million) were allocated to fixed assets in the Karabakh and East Zangazur economic regions, the State Statistics Committee told APA.

Of the funds, AZN1.159 billion ($681 million) was dedicated to construction and installation works.

The Azerbaijani government launched major infrastructure projects in Karabakh and East Zangazur shortly after the regions were liberated from Armenian occupation during a 44-day war in 2020.