17:20 - 22.12.2025

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December 22, Fineko/abc.az. The cost of projects implemented by Turkish companies in the liberated territories has been announced.

ABC.AZ informs that Prime Minister Ali Asadov made the relevant statement at the 12th meeting of the Joint Intergovernmental Commission on Economic Cooperation between Azerbaijan and Turkey.

According to the PM, Azerbaijan has invested more than $20 billion in Turkey's economy to date, and Turkey has invested approx. $18 billion in Azerbaijan's economy: "Azerbaijan is one of the largest investors in Turkey, and Turkey is in Azerbaijan. There are nearly 3,000 Azerbaijani companies active in Turkey, and more than 4,600 commercial organizations with Turkish investments in Azerbaijan. All necessary conditions have been created for the activities of Turkish companies. Fraternal Turkish companies are working with us in the liberated regions of Azerbaijan. About 20 Turkish companies are implementing close to 50 projects there with total value of approx. $5 billion. These projects cover the construction of roads and railways, energy, agriculture, water management and land reclamation, engineering and other areas."