Azerbaijan Investment Company AIC

Azerbaijan Investment Company (AIC) was established by the Decree number 1395 of the President of the Republic of Azerbaijan On additional measures to promote investment activity" signed on March 30, 2006. The main purpose of AIC is to support the development of the non-oil sector of the economy via termed equity injection along with local and foreign co-investors into the greenfield and brownfield projects on the territory of Azerbaijan.

Industrial estates

Since October 2014 Azerbaijan Investment Company has been mandated to organize and manage operations of industrial estates in the country by a decree of the President of the Azerbiajan Republic.

Sectors

• IT and communications
• Agriculture
• Alternative and renewable energy
• Food processing and packaging
• Industry (including chemical industry)
• Logistics and transportation
• Tourism
• Recycling

Partners

• European Bank for Reconstruction and Development (EBRD)
• International Finance Corporation (IFC)
• Islamic Development Bank (IDB)
• Islamic Corporation for the Development of the Private Sector (ICD)
• Azerbaijan Export & Invesment Promotion Foundation (AZPROMO)