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Azerbaijan leverages development summit to attract billions in new investment

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The 51st annual meeting of the Islamic Development Bank Group, which opened today in Baku under the patronage of President Ilham Aliyev, is precisely the type of conference where big figures and precise writing are both expected. The theme of the conference - "Regional Integration for Sustainable Prosperity" – was certainly not selected without much consideration. This is the time when the development of Azerbaijan itself became for the foreign delegations an example worth studying.

As stated by Aliyev at the opening session:

"With the strong ties in the regional scale and also on global arena, Azerbaijan already became an important actor in many aspects. We have been a successful host country for many international events since the 2010 annual meeting of the IsDB Group. Among the recent ones, I would name the successful COP29 held in 2024 with remarkable results. Additionally, last month's World Urban Forum, one of the biggest international gatherings, was also successfully held in Azerbaijan, with many more to come. This once again demonstrates the diversified agenda of our activity. Azerbaijan [on the other hand] has become an important actor in the global energy arena, initiating, and financing, and........

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