16:03 - 19.06.2026
June 19, Fineko/abc.az. To date, State Oil Fund of Azerbaijan’s (SOFAZ) overall investments in Italy have totaled $3 bn.
ABC.AZ reports with reference to SOFAZ that SOFAZ executive director Israfil Mammadov said this, when delivering speech at the panel discussion "Who will finance the future development of Europe's infrastructure?" during the FII Priority Europe forum, which took place in Rome during his business visit to Italy.
According to Mammadov, Italy ranks 4th among SOFAZ's global investment portfolio in terms of investments.
Mammadov noted in his speech on the role of long-term capital in financing large infrastructure projects that the investment capital is quite high on a global scale: "The main challenge is to effectively channel these resources into high-quality projects that meet institutional requirements.
Explaining how SOFAZ applies this approach in practice, the executive director emphasized that SOFAZ makes investment decisions in all markets based on the principles of stability, asset quality and long-term value creation: "Our investments in Italy are a clear example of this. We have invested in high-quality infrastructure assets in the transport and energy sectors, which we plan to keep in the portfolio in the long term."
