BAKU, Azerbaijan, March 31. The European Bank for Reconstruction and Development (EBRD) has increased its project portfolio in Azerbaijan to 1.08 billion euro as of the end of February this year, covering 33 projects, Trend reports via the EBRD.
The EBRD's equity stake in these initiatives stands at a modest
one percent, with operational assets appraised at a substantial 757
million euros.
The non-public domain constitutes 36 percent of the aggregate asset
allocation.
The enhancement of sustainable infrastructure constitutes a pivotal
focal point within the EBRD's operational framework in the region,
with an impressive allocation exceeding 994 million euros directed
towards this sector.
The residual assets are allocated among financial entities and the
corporate domain.
Since the inception of its operational framework in Azerbaijan, the
EBRD has allocated a cumulative investment of 4.06 billion euros
into the national economic landscape.