16:50 - 22.10.2025

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October 22, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) has currently invested approx. $12 bn in financing infrastructure, energy and educational projects.

ABC.AZ reports that SOFAZ deputy executive director Bahruz Bahramov made this statement at a scientific and practical conference of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship.

He added that SOFAZ has financed many strategically important social infrastructure, energy and educational projects: "The total volume of these projects amounted to nearly $12 bn. As a result of these activities, SOFAZ has played significant role in development of the non-oil sector and strengthening financial sovereignty."

He noted that with all this, the Fund has been formed as a professional investor who carries out effective management on a global scale: "SOFAZ's investment portfolio includes more than 60 countries and funds with shares in thousands of investments. Currently, SOFAZ’s finances are allocated in a balanced manner to almost all possible different asset classes - bonds, stocks, real estate, gold and alternative investments."