Azerbaijan invests over $680M in Karabakh, Eastern Zangezur in Q1 2024
- 17 May 2024 14:35
- 17 May 2024 14:48
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- Economics
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In the first quarter of this year, investments amounting to AZN1.167 billion ($686 million) were allocated to fixed assets in the Karabakh and Eastern Zangezur economic regions, News.Az reports citing the State Statistics Committee.
Of the funds, AZN1.159 billion ($681 million) was dedicated to construction and installation works.The Azerbaijani government launched major infrastructure projects in Karabakh and Eastern Zangezur shortly after the regions were liberated from Armenian occupation during a 44-day war in 2020.