SOFAZ holds seminar for mass media representatives

Baku, November 20, AZERTAC 

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) held a seminar entitled “The State Oil Fund of the Republic of Azerbaijan: Asset management and investment process” for the mass media representatives on November 19-20, 2015.

The goal of the seminar was to enhance the awareness of mass media about the Oil Fund which carefully deals with transparency issues and is highly valued by numerous authoritative international organizations for its achievements, as well as to disseminate professional information about the Fund, its activities on diversification of the investment portfolio and investment policy and to cooperate with mass media on providing information to the public about SOFAZ.

During the seminar, SOFAZ staff gave presentations about Sovereign Wealth Funds, budget and projects, investments, investment procedure and post-investment processes by exemplifying SOFAZ.

The seminar participants were acquainted with Fund’s administrative building, as well as viewed the activity of the Investment department in practice.

More than 30 journalists participated and all participants were awarded with certificates of attendance in the end of the seminar.

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