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Brno September 30, 2014

INVESTMENT OPPORTUNITIES IN AZERBAIJAN. Brno September 30, 2014. Azerbaijan. Macroeconomic Indicators. 2013 GDP – 73 bln. GDP Growth – 5.8% (2013), 10 % average in 2003-2013 Non-oil Growth – 10 % GDP per capita – 7,495 USD Inflation – 2.4 % Investment – 28 bln., FDI – 10 bln.

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Brno September 30, 2014

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  1. INVESTMENT OPPORTUNITIES IN AZERBAIJAN Brno September 30, 2014

  2. Azerbaijan

  3. Macroeconomic Indicators 2013 GDP – 73 bln. GDP Growth – 5.8% (2013), 10 % average in 2003-2013 Non-oil Growth – 10 % GDP per capita – 7,495 USD Inflation – 2.4 % Investment – 28 bln., FDI – 10 bln. Foreign currency reserves – $50 bln. Unemployment – 5.2 % Poverty – 5.3 %

  4. GDP

  5. Diversification • 51 % of non-oil GDP • ITC (2nd recipient of FDI, University, First Sattelite) • Transportation (TRACECA, TASIM, Baku-Tbilisi-Kars railroad, North-South) • Agriculture • Tourism

  6. Economic Achievements • 2006 - UNCTAD quoted Azerbaijan as NO 1 globally as per the FDI Inflow Performance Index • 2007 – UN Public Service Award • 2008 – World Bank Ranked Azerbaijan Top Reformer in Doing Business • 2010 – World Economic Forum ranked Azerbaijan as Leading ICT use and Network Readiness Index among Eurasian countries • 2011 – World Bank commended Azerbaijan’s poverty reduction strategy (for 10 years from 49 % to 12% (national estimation – 7%)) • 2013 - Global Competitiveness Reportranked Azerbaijan 39th in the world

  7. Existing Pipelines Russia Novorossiysk Kazakhstan DWG Black Sea NREP Pipeline Chirag Azeri Georgia WREP Pipeline Tbilisi Caspian Sea Supsa Turkmenistan Sangachal Terminal ACG Oil Production & Development South Caucasus Pipeline Gas Baku BTC Pipeline Oil Azerbaijan Shah Deniz Gas Development Turkey Erzurum Inam Exploration Alov Exploration Stage 2 Ceyhan Iran Stage 1 Med. Sea Syria Iraq

  8. Three pipeline projects:South Caucasus Pipeline (SCPX) – Azerbaijan, GeorgiaTrans Anatolian Pipeline (TANAP) – TurkeyTrans Adriatic Pipeline (TAP) – Greece, Albania, Italy

  9. 10 reasons to invest in Azerbaijan 1. Political and economic stability - Foreign debt is only 7.5% of the GDP - 39th Most competitive economy - 8th Most stable macroeconomy 2. FDI friendly laws - Strong investor protection policy and legislation. - Guarantees for foreign investors against adverse changes in the legislation, nationalization, requisition, discrimination policy. - Compensation of damages and repatriation of profits ensured legislatively

  10. 10 reasons to invest in Azerbaijan 3. Favourable tax regime - Azerbaijan has third easiest taxpaying procedures among CIS countries - Tax holidays (except land tax) in agriculture - Tax incentives in industrial and hi-tech parks 4. Skilled labour force - Around 30 thousand students graduate annually - State Programme on Education of Azerbaijani Youth Abroad in 2007-2015. The number of graduates will reach 5000 by 2015 (200 annually in Canada) - A large R&D center, 28 research institutes, 52 universities and 108 colleges

  11. 10 reasons to invest in Azerbaijan 5. Abundant resources - Besides oil and gas, Ferrous and nonferrous, rare and fine metals, construction materials - 9 climate zones 6. Favourable location - Logistic hub and easy access to market in CIS, Central Asia and Middle East 7. Developing infrastructure - 5 international airports, largest port on Caspian Sea, international transportation routes

  12. 10 reasons to invest in Azerbaijan 8. State support - NO restrictions to foreign investments 9. Reformist environment - Top reformer among post-Soviet countries 10.Liberal trade regime - Trade relations with over 155 countries - NO EXPORT DUTIES and restrictions except for some strategic commodities

  13. Azerbaijan-Czech • $1.6 billion trade turnover • Major exports: crude oil and oil products. • Major imports: ferrous metal made rails, electrical appliances; home equipments. Potential fields for cooperation • Heavy industry, chemical industry, • Tourism, eco-tourism, • Construction, • Agrarian industry.

  14. Booming Economy

  15. New Opportunities

  16. Q/A • Contact Embassy of Azerbaijan Na Zátorce 783/17 Praha 6, 160 00 Tel: (+420) 246-032-422 Fax: (+420) 246-032-423 E-Mail: prague@mission.mfa.gov.az http://www.azembassy.cz

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