BAKU, Azerbaijan, November 28. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is fully committed to supporting Azerbaijan's 2030 National Priorities, with a particular emphasis on sustainable economic growth and the promotion of a green growth agenda, especially in the liberated territories, Oussama Kaissi, CEO of ICIEC, said in an exclusive interview with Trend.
“This will enable us to play an instrumental role in promoting green investments within the country. Azerbaijan has been very active in sustainable and environmentally friendly projects such as wind and solar power, decarbonization, green hydrogen, green ammonia, etc. On the other hand, ICIEC has extensive experience in renewable energy projects such as wind farms in Türkiye, Waste-to-Energy (WTE) project in Sharjah, UAE, Benban Solar Power project in Egypt, solar-powered irrigation and climate change-related projects in Uganda. ICIEC is also participating in the Food Security Response Program (FSRP) of the IsDB Group,” he said.
Oussama Kaissi pointed out that therefore, we will contribute to the economy of Azerbaijan by supporting key government projects, including the Public-Private Partnership (PPP) projects.
“We aim to collaborate closely with Azerbaijani institutions and stakeholders to formulate and implement sustainable development initiatives. Our intent is to facilitate the adoption of best practices in sustainable economic growth and promote a green and environmentally responsible approach to investments. These measures will allow us to align effectively with Azerbaijan's development goals, fostering a more sustainable and prosperous future for the nation,” he added.
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