EBRD strategic priorities in Azerbaijan 2025-2030: Foster greater economic diversification through stronger more competitive inclusive private sector and improved governance; Accelerate Green Economy Transition and improve regional connectivity. Co-financed up to US$160M for construction two solar power plants combined capacity 760 MW largest renewable energy projects in Caucasus expected save over 600,000 tonnes CO2 annually. Extended first green-focused loan to local bank under SME Competitiveness and Inclusion Programme. Following Azerbaijan’s accession to E5P framework completed high-level assessment resulting in selection five projects for preliminary feasibility study. Launched Green Cities programme in Ganja with initial projects upgrade city’s solid waste management systems (€10M) and street lighting networks (€12.5M). Continue support greater diversification economy and growth private sector by providing financing and technical assistance to corporates and SMEs in non-oil and gas sector including agribusiness, TMT/digital services, manufacturing and services, infrastructure with focus enhancing exports promoting import substitution
EBRDSeptember 20, 2025 article. As of August 31, 2025 EBRD’s lending portfolio in Azerbaijan totaled €954M focused on sustainable infrastructure. Portfolio included 35 active projects with 38% allocated to private sector. 89% (€848M) directed toward sustainable infrastructure development, 6% (€57M) to financial institutions, 5% (€49M) to corporate sector. In total EBRD invested €3.673B in Azerbaijan across 200 projects. Bank’s operating assets valued at €697M at end August 2025. In 2024 EBRD provided €199M in loans to finance eight projects, 27.56% increase compared to 2023. ADB approved $2.19M technical assistance project under Deepening Development Impact in Private Sector Operations initiative covering 42 countries including Azerbaijan. Project aims improve design and implementation of private sector operations focusing on addressing food insecurity, bridging digital divide, developing sustainable energy systems, strengthening climate resilience
Caucasus Watch / EBRD / ADBJanuary 30, 2025 article. Since 2020 44 road construction projects underway in Karabakh and East Zangazur economic regions. Construction completed for 28 tunnels spanning 59.6 km, 392 bridges total length 8,339.1 m, 9 viaducts stretching 1,695 m. Following victory government launched comprehensive reconstruction initiative under I State Program on Great Return to Territories Liberated from Occupation. Program prioritizes sustainable resettlement, economic growth, regional development. Demining activities critical first step with over 1.5 billion square meters land cleared of mines and unexploded ordnance between 2020 and 2024. Efforts focused on creating workplaces, improving living conditions, revitalizing region’s infrastructure
Caliber.AzADB $47M loan approved. Project support digitalization of key processes in Azerbaijan Railways Closed Joint Stock Company (ADY) including rail transportation management, asset management, investment planning and management, freight client handling system, corporate functions. Improve ADY’s operational and financial performance through streamlined data management, optimized asset management and overall rail operations, reduced cost, enhanced rail safety, better workforce efficiency. To strengthen management of ADY digitalization of business processes essential. ADY formulated comprehensive digital strategy covering key business processes. First phase improved IT base (architecture, data needs and analytics, IT infrastructure, cybersecurity, IT-related operations) in 2023, seeking financial support for implementation full digitalization program comprising investments in hardware and software
Asian Development Bank / ADYJuly 2, 2025 article. Considering increasing passenger demand construction of 10 new metro stations planned until 2030. During 2025-2030 planned to replace wagons reached end of service life and purchase 299 new carriages. Since 2008 seven new metro stations built, state programme to be adopted envisions construction 10 new underground stations. Over years 266 new-generation metro carriages purchased and process continues
Report.azDatabase of Facilities Management companies in Azerbaijan. Facility Management Group LLC: Professional real estate management and comprehensive upkeep of buildings. Specialize in management and operation of commercial and residential properties. Focus on management of commercial properties also specialize in serving entities of various profiles: multifunctional complexes offices administrative buildings trade entertainment centers banks hospitals hotels. Wide range of services on comprehensive upkeep of commercial buildings: Administering Commercial Property, Landscape gardening and plantation maintenance, Technical maintenance of engineering systems of buildings, Consulting services (technical consulting fire safety), All-in-one cleaning service of facilities. 38+ company profiles access detailed information to analyze market conduct competitive analysis qualify sales leads. Comprehensive Facilities Management companies database. 500+ data points for analysis including: Main company information data about industry company’s size technology stack contact information, Facilities Management workforce trends insights into organization’s leadership timeline of job changes, Financials and funding information about company’s revenue funding history ownership, Growth insights changes in employee count number of social media followers competitor activity, Online presence overview growth in company’s website traffic social media activity customer reviews media coverage
Coresignal / Various FM CompaniesEstablished 1999 SOFAZ Azerbaijan’s sovereign wealth fund aims efficiently manage and safeguard nation’s oil and gas revenue for present and future generations. In 2013 faced growing complexities in managing portfolio and assets legacy system could no longer meet expanding needs. System’s inability accommodate new asset classes introduced since 2012 became pressing concern rapid asset growth exacerbated operational challenges data management issues. Embarked on thorough research of available portfolio management and accounting systems. Primary objective streamline operations achieve maximum process automation enhance efficiency in handling substantial data volumes. SimCorp’s front-to-back solution reduced complexity facilitated data flow between various financial systems data sources service providers. Level of integration combined with system’s flexibility allowed customization to meet SOFAZ’s unique needs preferences. Portfolio management system offered wide range features: portfolio analysis, cash management, performance measurement, pre-trade and post-trade investment compliance monitoring and integration with risk management system. Capabilities allowed analyze monitor portfolios ensuring strict compliance with rules regulations while optimizing investments. Selection of integrated solution and automation objectives facilitated seamless portfolio transformation to support SOFAZ’s exponential 60% growth in AuM since 2015 emphasizing crucial role of innovation and efficiency in asset management. AuM: USD 45 bn
SOFAZ / SimCorpPresidential Decree No. 1138 dated December 6, 2016 Strategic Roadmap: effective organization of formation maintenance management and integration of state information systems and resources necessitates creation of centralized Government Cloud (G-cloud). Large-scale project combines cost reduction in public administration and improving coordination between government agencies by efficiently organizing integration of government information systems and resources into single platform. Presidential Decree No. 718 dated June 3, 2019: implementation Government Cloud project ensure operation of government information systems deployment of their infrastructure development of standards reduce cost of establishing and maintaining information systems. Joint measures with Special State Security Service ensure physical security and cyber security of Government Cloud comprehensively security protection of cloud infrastructure. Government bodies able to reduce costs associated with IT infrastructure. Cloud technology enable more efficient use of resources ensuring IT infrastructure management from single platform based on pooling principle. Global experience shows governments switched to Government Cloud save significantly on IT costs. New data centers adapted to current global standards: international certification TIER III of Uptime Institute, ISO-20000 standards for provision and management of IT services, ISO 27001 standards for information security. Equipment managed on N+1 basis. Use spare equipment ensure continuity of service when preventive maintenance work carried out on any equipment or event of technical failure. Correct reliable organization information technology management ensure level of stability of 99.982% in all cases. Architecture developed by Ministry of Digital Development and Transport
Ministry of Digital Development and TransportAugust 31, 2020. Azerbaijan Rural Investment Project (AzRIP) empowers rural communities come together identify find solutions to challenges. Launched 2005 designed address rapid decline in rural infrastructure and services for people living in rural areas about 50% population. To date 2,000 community and livelihood projects implemented in 1,453 villages in 56 rayons covering 90% municipalities one third villages. Geographic Information System (GIS) Map developed as multifunctional tool through three-way partnership World Bank, AzRIP Project Management Unit, firm Blue Raster. GIS Map geo-located visual presentation of database of 2,000 community projects completed 2005 to date. User-friendly interface searchable by location (rayon, village, community), year of construction, infrastructure type. Tool for communication, citizen engagement, transparency and accountability. Next phase more geospatial solutions for operational effectiveness added: real-time remote supervision, monitoring and evaluation of project implementation. Engineers in field send information including pictures to AzRIP website incorporated into GIS Map database. Map overlaid with infrastructure gap and poverty data. Tool for spatial planning by local governments piloted under AzRIP-3
World Bank / AzRIPDecember 8, 2024 article. ADB approved $47M loan to propel Azerbaijan’s rail system into digital era boost safety reliability efficiency. Asset Maintenance and Repair: Optimised digital processes facilitate timely maintenance extending lifespan of crucial assets. Investment Planning and Budgeting: Data-driven insights help streamline budgeting and contract management for ADY boosting financial performance. Azerbaijan’s railways vital link in Central Asia Regional Economic Cooperation (CAREC) Corridors 2 and 6 major routes support cross-border trade throughout region. Digitalisation aligns closely with CAREC Transport Strategy 2030 and Railway Strategy for CAREC 2017-2030 ambitious goals for upgrading regional rail infrastructure. Corridors bolster Azerbaijan’s transit capabilities provide critical transit path for neighbouring countries. ADB-backed digitalisation project finance corporate function enhancements for ADY by automating budgeting contract management tax calculations
Highways.Today / ADB
