News

26.05.2026
ABDF establishes a joint manufacturing facility with Lithuania’s Dominari

As part of the cooperation between the Azerbaijan Business Development Fund (ABDF) and Lithuania’s Dominari company, a furniture components manufacturing project will be implemented in the Jabrayil district.

18.06.2026
New investment memorandum signed with international partners

A strategic agreement was reached to finance joint non-oil sector projects and expand regional cooperation.

Installation of solar panels has begun at the Shafag Solar Power Plant

Installation of solar panels has begun at the Shafag Solar Power Plant

The installation of solar panels has begun at the Shafag Solar Power Plant, an investment project supported by the Azerbaijan Business Development Fund (ABDF), bp, SOCAR Green, and MVM.

23.04.2026
The scope of state guarantees and subsidies provided by ABDF for business loans has been expanded.

The scope of state guarantees and subsidies provided by ABDF for business loans has been expanded.

The functionality and scope of the Azerbaijan Business Development Fund’s (ABDF) guarantee and interest subsidy mechanisms for business loans have been expanded.

11.06.2026
Ilham Aliyev attended opening ceremony of first stage of Alat Free Economic Zone

Ilham Aliyev attended opening ceremony of first stage of Alat Free Economic Zone

The foundation stone of the Alat Free Economic Zone was laid on July 1, 2021 with the participation of President Ilham Aliyev.

21.05.2026
Cooperation with Turkmenistan was discussed.

Cooperation with Turkmenistan was discussed.

The prospects for developing economic cooperation between Azerbaijan and Turkmenistan were discussed at a meeting held at the Ministry of Economy.

19.05.2026
Economic and trade cooperation with Slovakia was discussed

Economic and trade cooperation with Slovakia was discussed

Views were exchanged on cooperation with Slovakia in industry, trade, energy, infrastructure, and other areas.

19.05.2026
A memorandum of cooperation has been signed to explore investment opportunities for paulownia tree cultivation in Azerbaijan.

A memorandum of cooperation has been signed to explore investment opportunities for paulownia tree cultivation in Azerbaijan.

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12.05.2026
Economic activity in the liberated territories is supported through ABDF’s financing mechanisms

Economic activity in the liberated territories is supported through ABDF’s financing mechanisms

The restoration of the economy and the promotion of sustainable development in the liberated territories have been identified as key priorities of the Azerbaijan Business Development Fund (ABDF), operating under the Ministry of Economy.

30.04.2026
An Azerbaijan–Czech Republic Business Forum was held

An Azerbaijan–Czech Republic Business Forum was held

On 27 April, the Azerbaijan–Czech Republic Business Forum was held in Qabala with the participation of President of the Republic of Azerbaijan Ilham Aliyev and Prime Minister of the Czech Republic Andrej Babiš.

27.04.2026
The expansion of economic cooperation between Azerbaijan and Uzbekistan was discussed

The expansion of economic cooperation between Azerbaijan and Uzbekistan was discussed

At a meeting held at the Ministry of Economy, the parties discussed the development of the strategic partnership with Uzbekistan, the deepening of economic ties, and the expansion of mutual investment and bilateral trade.

24.04.2026
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