AZN 3 bn more invested in Azerbaijani economy due to promotion to investments


February 18, Fineko/ The system of investment encouraging is operating actively in Azerbaijan.

During forum "Taxes. Transparency. Development" Economy Minister Shahin Mustafayev ha stated that 345 projects worth AZN 3 bn have received investment promotion documents since 2016.

"Implementation of those projects increased much investments in the nonoil sector and will allow creation of more than 22,000 jobs," the minister said.

He stressed that the share of the private sector in country's GDP reached 84% and employment 76% in 2018.