Pakistan, Azerbaijan eye $2bn investment under SIFC

February 17, 2025 (MLN): Pakistan and Azerbaijan are in talks to boost their economic cooperation, aiming to increase investments to up to two billion dollars through mutually beneficial projects under the Special Investment Facilitation Council (SIFC).

The discussions are focused on key areas such as energy, infrastructure, and privatization, with both countries expected to sign agreements to solidify their collaboration.

Azerbaijan has expressed keen interest in investing in Pakistan’s motorway and other infrastructure projects, strengthening connectivity between the two nations and with Central Asian states.

The talks also include exploring joint energy ventures, with a focus on renewable energy and energy-saving initiatives, according to the press release.

In addition, Azerbaijan is showing interest in Pakistan’s privatization program, with the Islamabad government pledging support for this collaboration.

The ongoing discussions reflect a positive trend in the economic relations between the two countries, driven by the efforts of the Special Investment Facilitation Council (SIFC), which is facilitating these promising developments.

The potential surge in economic ties between Pakistan and Azerbaijan is expected to bring significant benefits to both nations, enhancing trade, investment, and regional connectivity.

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