Baku Investment Forum draws $10 billion in deals, boosts non-oil sector growth

The 1st Azerbaijan International Investment Forum concluded in Baku with the signing of investment agreements exceeding $10 billion, marking a significant milestone in the country’s drive to attract foreign capital and diversify its economy.

Azerbaijan’s Minister of Economy, Mikayil Jabbarov, shared the outcome of the forum via a post on social media platform X, emphasizing the event's strategic importance, Caliber.Az reports.

The 1st Azerbaijan International Investment Forum, held in Baku under the patronage of President of the Republic of Azerbaijan Ilham Aliyev (@presidentaz), once again underscored #Azerbaijan’s open and sustainable #economic environment for foreign #investment, as well as its… pic.twitter.com/fcxohYS2hb

— Mikayil Jabbarov (@MikayilJabbarov) September 23, 2025

“The 1st Azerbaijan International Investment Forum, held in Baku under the patronage of President of the Republic of Azerbaijan Ilham Aliyev, once again underscored Azerbaijan’s open and sustainable economic environment for foreign investment, as well as its reliability as a partner for strategic projects and long-term cooperation.

Within the framework of the Forum, agreements were signed for investment projects with a total value exceeding USD 10 billion, of which more than USD 7 billion are directed toward nonoil sector projects to be implemented with foreign participation,” Minister Jabbarov posted.

“These large-scale investments will create new opportunities for economic diversification, accelerate innovation and technology transfer, and contribute to enhancing overall prosperity.

We extend our profound gratitude to His Excellency President Ilham Aliyev for his steadfast support in convening the Forum, which plays a vital role in unlocking our country’s economic potential. We also convey our sincere appreciation to the event organizers, government representatives, partners, and all participants for their valuable contributions,” Jabbarov added.

By Vafa Guliyeva