Azerbaijan, Yevlakh / Тrend corr A. Ismayilova / Azerbaijan will not face any energy-related problem during the subsequent 100-150 years, Azerbaijani President Ilham Aliyev said at the opening ceremony of the Heydar Aliyev Palace in Yevlakh District on 24 October.
Azerbaijan will also supply energy to other countries, proving an increase of Azerbaijan's [economic] power.
In 2008, AZN 3bln will be invested in Azerbaijan and for the first time internal investments dominate over foreign capital, President Aliyev said. Azerbaijan's industrial potential is progressing and it should be strengthened. The country's existing potential should be reviewed and new enterprises based on local raw materials should be established.
The President stressed the successful implementation of the Program on Social and Economic Development and resolution of migration problems through the opening of new jobs.