POLITICS
FINANCIAL TIMES: 2010 WILL PROVIDE AZERBAIJAN WITH MORE OPPORTUNITIES FOR ATTRACTING HIGHER LEVELS OF FOREIGN INVESTMENT
Baku, 11 December (AZERTAC). The Financial Times has published an article entitled “Investment opportunities in Azerbaijan”.
The article says experts from the region believe 2010 will provide the country with more opportunities for attracting higher levels of foreign investment.
According to the authors, Azerbaijan`s economy has weathered the recession better than most frontier markets in the Central Asian region, growing at a modest pace while neighbouring countries struggle to recover. “Over the past 10 years the country`s economy has grown by a staggering 900 per cent, fuelled mostly by the private sector."
"The country has for years benefited from its vast supply of natural resources, including gold, ethanol and renewable energy, but has recently diversified into transportation, infrastructure and technology.”