twitter
youtube
instagram
facebook
telegram
apple store
play market
night_theme
ru
arm
search
WHAT ARE YOU LOOKING FOR ?






Any use of materials is allowed only if there is a hyperlink to Caliber.az
Caliber.az © 2024. .
KARABAKH
A+
A-

Ministry: Azerbaijan allocates over $9 billion for liberated lands

01 July 2024 19:20

Head of the Department of Territorial Restoration and Development at the Azerbaijani Economy Ministry Zamin Badirkhanov has stated that over 16 billion manats ($9.4 billion) were allocated for the liberated Azerbaijani territories under the state programme to date.

“The majority of these funds have been allocated for the construction of roads and social infrastructure,” Badirkhanov noted, Caliber.Az reports citing the local media.

“We actively support and encourage private sector involvement in restoration and construction efforts. Presently, several entrepreneurs are engaged in these areas, both through public-private partnerships and direct investments,” he said.

The state programme, which has allocated over 16 billion manats (approximately $9.4 billion) to date, reflects Azerbaijan's commitment to rebuilding and modernising the liberated territories. This substantial investment aims to not only repair the war-torn infrastructure but also to create a sustainable economic environment that attracts private sector participation. Public-private partnerships and direct investments are being actively encouraged to accelerate the restoration process, with several entrepreneurs already contributing to the development efforts. This collaborative approach underscores the government's intention to foster a resilient and prosperous future for the liberated districts.

Caliber.Az
Views: 234

share-lineLiked the story? Share it on social media!
print
copy link
Ссылка скопирована
KARABAKH
News about KArabakh and the processes that are related to this topic