Pakistan, Azerbaijan negotiating to enhance investment up to $2b

Pakistan and Azerbaijan are in negotiations to boost investment up to $2 billion in mutually beneficial projects under the Special Investment Facilitation Council (SIFC).

As part of this collaboration, both nations are expected to sign agreements covering energy, infrastructure, and privatization. Azerbaijan has expressed a strong interest in investing in Pakistan’s motorway and other infrastructure projects, aiming to enhance trade and connectivity with Central Asian states.

Additionally, discussions are underway on joint initiatives in renewable energy, energy conservation, and power generation. Azerbaijan has also shown keen interest in Pakistan’s privatization program, with Islamabad reaffirming its commitment to facilitating this process.

The growing economic partnership between Pakistan and Azerbaijan, driven by the Special Investment Facilitation Council (SIFC), marks a positive step toward strengthening bilateral ties and fostering regional development.