BAKU, Azerbaijan, May 6. Under the leadership of great leader Heydar Aliyev, hundreds of products have been manufactured in more than 250 factories in Azerbaijan and exports to 60 countries have been secured, Azerbaijani Minister of Economy Mikayil Jabbarov said at a conference themed "Heydar Aliyev and the independent state building of Azerbaijan: the history and present of socio-economic transition," Trend reports.
"Today, the economy of Azerbaijan is rapidly developing in all sectors of industry. Azerbaijani producers of goods are known in many countries of the world. It is also important to note that the country pays great attention to the privatization of state-owned enterprises and the development of public-private partnerships," the minister said.
Speaking about the liberated territories, Jabbarov pointed out that favorable conditions have been created for investors, both local and foreign.
"With the liberation of Azerbaijani territories from Armenian occupation, we have begun to develop encouraging mechanisms for business and investment for future entrepreneurs and investors. To date, these legal acts have entered into force and encourage entrepreneurs to invest funds and resources in restoration and construction in these territories and conduct business activities," the minister said.