home . news & publications . Investment News . USACC Publishes Investment Guide to Azerbaijan 2012

USACC Publishes Investment Guide to Azerbaijan 2012

The US-Azerbaijan Chamber of Commerce is pleased to announce the publication of the 2012 USACC Investment Guide! The Investment Guide is the premier publication on doing business in Azerbaijan. The Guide contains useful information on everything from tax law to banking services, and offers helpful guidance on topics such as business opportunities, the real estate sector, tourism, and much, much more.

We are also very pleased that President Ilham Aliyev of the Republic of Azerbaijan has provided a welcome letter that is included in the Investment Guide. The text of the letter is below.

We look forward to continuing to serve our members as we advance the commercial ties between Azerbaijan and the United States, and we hope this year's Investment Guide is a useful tool for you on your road to success.

 

A letter from the President of the Republic of Azerbaijan

Ilham Aliyev

Dear Members of the US-Azerbaijan Chamber of Commerce,

Last year, we widely celebrated the 20th anniversary of the regaining of Azerbaijan's independence. As the USACC presents its 2011-2012 Edition of the Investment Guide to Azerbaijan, it would be very timely to review the major strides made by Azerbaijan in the twenty years that have since passed.

By signing the Contract of the Century in the early 1990's, Azerbaijan laid down the foundations of progress and stability for the generations to come, and paved the way for the co-operation with the main international oil companies to ensure access to the Caspian oil and gas. The tremendous achievements attained so far have enabled Azerbaijan to play a significant role in the energy security of not only its own region, but also the whole of Europe.

Revenues generated from the oil and gas contracts became a pivotal tool in implementing nationwide infrastructure projects and opened up new opportunities for Azerbaijan to make direct investment into neighboring economies.

In the course of recent years, the development of the non-oil sector became a top priority of the country. Azerbaijan's well-known agriculture industry continues to advance its reforms aimed at extending stronger public support to farmers, presenting the best business practices and providing them with better agricultural equipment and financial incentives.

According to the latest forecasts, the ICT sector in Azerbaijan can surpass the energy sector in revenues and become the main industrial field within the next 15 years. Azerbaijan proves its commitment to this sector with the anticipated launch in 2012 of its first communications satellite. We are pleased to have a multinational partnership with US companies to design and launch this satellite.

Azerbaijan's GDP growth remains strong and the well-educated internationally focused and results driven workforce continues to expand.

Azerbaijan is recognized as a country that welcomes foreign investments, innovation and new technologies. Our long-term proven commitment to partner foreign energy companies is seen in the protection of foreign investments in Azerbaijan.

We would be glad to broaden our partnership and co-operation which makes our friendship stronger and our nations greater.

I welcome you and your business to Azerbaijan.

Sincerely,

Ilham Aliyev

President of the Republic of Azerbaijan

Back to top

subscribe

events view our upcoming events.

network follow us.



   facebook  linkedin  twitter

 bp
anglo-asian ata-holding
azpetrol statoil
bny_melon azertrans
chevron_logo conocophillips
  ibar exxonmobil
 solar-turbines boeing-logo-website
 
  
 
           
        
   
 
 
         pg
    ekvitasocaraqs            
          ge