BAKU, Azerbaijan, September 26. Azerbaijan and
Global Infrastructure Partners (GIP) have discussed prospects for
cooperation, the country's investment opportunities and
participation in regional projects, today in Baku.
According to Azerbaijan's Ministry of Economy, Minister Mikayil
Jabbarov met with GIP Founder, Chairman and Chief Executive Officer
Adebayo Ogunlesi on the sidelines of the second Azerbaijan
International Investment Forum.
The meeting focused on prospects for developing cooperation
between Azerbaijan and Global Infrastructure Partners, as well as
investment opportunities in the country and participation in
regional projects.
The sides exchanged views on regional opportunities created by
the development of the Middle Corridor, digital transformation and
energy projects. Azerbaijan's favorable geographical location,
transport and logistics infrastructure, and expanding digital
capabilities were highlighted as factors creating prospects for
international investment.
Joint investment opportunities in logistics, conventional and
renewable energy, digital infrastructure and data centers were also
discussed. The sides exchanged views on expanding long-term and
mutually beneficial partnerships in these areas and implementing
regionally significant investment projects.
Global Infrastructure Partners has been part of BlackRock, the
world's largest asset management company, since 2024. BlackRock,
which manages $15.3 trillion in assets, is a global investment
company specializing in energy, transport, digital infrastructure,
water and waste management.
GIP manages assets worth $170 billion and, together with
BlackRock, Microsoft and MGX, is one of the founding partners of
the Global AI Infrastructure Investment Partnership.