Azerbaijan Ready to Boost Motorway Investments for Economic Growth

Azerbaijan is considering investing in Pakistan's M6 (Sukkur-Hyderabad) and M9 (Karachi-Hyderabad) motorways as part of efforts to strengthen bilateral relations and enhance infrastructure development. Ambassador Qasim Mohiuddin shared this development during a meeting held on Thursday, following a high-level delegation’s visit to Baku. The meeting, chaired by Minister Abdul Aleem Khan, focused on boosting investment, privatisation, and communication initiatives.

Azerbaijan’s government is keen to invest under the government-to-government (G2G) model and participate in the privatisation of state-owned enterprises. The two countries are working to enhance cooperation ahead of the Pak-Azerbaijan Joint Commission meeting scheduled for December 24, 2024.

Key Points:

• Investment Plans: Azerbaijan is considering investing in Pakistan’s M6 and M9 motorways.
• Strengthening Ties: The move aims to boost bilateral relations and infrastructure development.
• G2G Model: Azerbaijan’s government seeks to invest under the G2G model and engage in privatising state-owned enterprises.
• Upcoming Meeting: The two countries are preparing for the Pak-Azerbaijan Joint Commission meeting on December 24, 2024.