BAKU, Azerbaijan, October 14. The 30th Anniversary Caspian Construction Week has kicked off in Baku, Trend reports.
The event will include the 5th International Exhibition on the Restoration, Reconstruction and Development of Karabakh "Rebuild Karabakh", the 30th Anniversary Azerbaijan International Construction "BakuBuild", the 17th International Exhibition on Heating, Ventilation, Air Conditioning, Water Supply, Plumbing and Swimming Pools "Aquatherm Baku", the 4th Caspian International Exhibition of Plastics and Polymers Industry "Plastex Caspian", as well as the 13th Caspian International Exhibition on Road Infrastructure and Public Transport "Road&Traffic", which will be held alongside these exhibitions.
An address by President of the Republic of Azerbaijan Ilham Aliyev to the participants of the event was read out at the opening of the event.
In his speech, Elnur Baghirov, Chairman of the State Agency for Antimonopoly and Consumer Market Surveillance under the President, said that in 2020-2025, general procurement procedures were carried out in Karabakh for 1,500 design and construction works.
Baghirov emphasized that in total, more than 260 procurement procedures were carried out in the first eight months of this year, covering nine cities and about 90 villages and settlements:
“In order to comply with the requirements of national technical regulations, which are planned to be adopted as part of the State Program for 2022-2025, it is planned to adopt more than 1,000 standard samples.”
Deputy Chairman of the State Committee for Urban Development and Architecture Ilgar Isbatov noted in his speech that large-scale construction and installation work is underway in the territories liberated from occupation. Some of the internally displaced persons have already returned to 28 settlements, including six cities.
According to him, more than 50,000 people live, work, and study in Karabakh.
“At the same time, a significant part of the technological equipment used there is produced in Azerbaijan. In addition, the territories liberated from occupation have been declared a ‘green zone’. Work here is being carried out precisely within this framework,” Isbatov pointed out.
President of the Confederation of Entrepreneurs of Azerbaijan, Mammad Musayev, noted that in recent years, Azerbaijan's economy has shown positive growth dynamics, and in January-September 2025, the country's gross domestic product amounted to 95.2 billion manat ($55.9 billion), which is 1.3 percent more than the same period of the previous year.
According to him, the non-oil and gas sector of the economy grew by 2.9% during the period under review:
"This is a real result of joint efforts by the state and the private sector. I would like to note that 6.6 percent of GDP is accounted for by the construction sector. More than 19,000 enterprises, or 8.7 percent of those registered in the country, operate in the construction sector. This indicator shows that the construction sector plays an important role in the country's economy and is an important area of development for the non-oil sector."
“At the same time, we are seeing this sector's contribution to economic growth, an increase in state investment in infrastructure projects and construction work carried out in the private sector,” M. Musaev emphasized.
In his speech, Vusal Gasimli, Executive Director of the Center for Economic Reform Analysis and Communication (CAREC), noted that preliminary preparatory work on the “Strategy for Socio-Economic Development for 2027-2030” and the “2nd State Program for the Great Return” has been virtually completed.
He added that the program has been discussed with the relevant departments and will be presented in the near future.
The event, which will be attended by representatives of government agencies, will last three days.
Will be updated
