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Azerbaijan to create new jobs by implementing infrastructure projects in liberated lands

Business Materials 14 January 2021 20:03 (UTC +04:00)
Azerbaijan to create new jobs by implementing infrastructure projects in liberated lands

BAKU, Azerbaijan, Jan. 14

By Fidan Babayeva - Trend:

The implementation of social and infrastructure projects in the liberated Azerbaijani territories in 2021 and in the coming years not only will accelerate the development of the non-oil industry, but also create new jobs, Acting Director of the Institute for Scientific Research on Economic Reforms under the Azerbaijani Ministry of Economy Arzu Huseynova told Trend.

“The appropriate working groups have already been created in these spheres, an action plan has been developed,” Huseynova said.

"The work on the restoration of the territories that will be carried out in the districts liberated from the occupation, as well as the resources of these territories, will contribute to the development of the non-oil sector and create new opportunities," the acting director stressed.

Huseynova reminded that recently the share of non-oil enterprises engaged in the production of deep processing products in Azerbaijan's GDP has been growing.

Speaking about the reforms being carried out in the country, Huseynova stressed that economic reforms are already yielding results.

"That is why the World Bank has included Azerbaijan in the list of 20 most reforming countries in 2019 (Doing Business)," the acting director said.

Huseynova stressed that the main goal of the reforms is the development of the agricultural and non-industrial sectors, which will also be carried out in the liberated territories.

"After the reforms carried out in the country, the export of agricultural products from Azerbaijan began to grow,” the acting director said. “On the other hand, to overcome the slowdown in economic development caused by the pandemic, the government gives priority to the mechanisms to support the private sector."

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