INFORMATION AND COMMUNICATION TECHNOLOGIES
.png)
KEY SECTORS & BUSINESS OPPORTUNITIES
AGRICULTURE
Azerbaijan’s largest employer, employing approximately 36% of the population, but accounting for only 5.5% of GDP. Sown areas are above 1.6 million hectares, which is approximately 19% of the total territory of Azerbaijan.
CHEMICAL INDUSTRY
Chemical industry is one of the main sectors of the Azerbaijani economy. The country’s availability of the raw materials of oil and gas, salt, iodine-bromide mine water, and the waste of ferrous metals, combined with access to large neighbor consumers, gives Azerbaijan a comparative advantage in this sector.
TRANSPORT AND LOGISTICS
Today, as trade flows increase between Europe and Asia, Azerbaijan is emerging as a transport and logistics hub at the crossroad of Eurasia, adjoining seaports on the Caspian Sea, as well as serving as an interconnection point for various transportation corridors.
LIGHT INDUSTRY
Light industry is well developed in Azerbaijan and apart from many other directions, include weaving, sewing, and knitting, as well as fur-leather, skin-leather, textile and shoe production. Traditional and rich in patterns, carpet-making is also on the rise.
FOOD PROCESSING
Accounts for around 32% ($2.9 billion) of Azerbaijan’s total processing industry, and covers a selection of more segmented industries. Azerbaijan possesses great potential in the development of halal food industry, as Islam is a dominant religion in the country.
INFORMATION AND COMMUNICATION TECHNOLOGIES
Education and e-government programs have been launched. ASAN service, as part of the State Agency for Public Services and Social Innovations under the President of the Republic of Azerbaijan provides public services, which makes it more easily accessible to the citizens using modern technologies.
TOURISM
Untouched nature, mineral springs, a unique ancient architecture, diverse culture, rich in flavors cuisine, people known for hospitality, as well as other factors contribute to the formation of a highly attractive tourism destination and also for various purposes: business, sport, medical, hunting, beach and gastronomic.
RENEWABLES
Currently, foreign investors are engaged in the construction of 3 solar and wind power plants with a capacity of 710 megawatts in Azerbaijan. The total power generation capacity of Azerbaijan is 7954 MW and the capacity of the power plants on renewable energy sources, including large hydropower plants is 1312 MW, which is 16.5 % of the total capacity.