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December 2018
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Thursday, 25 January 2018 16:00

Nakhchivan Autonomous Republic - leader of the investment rating Featured

Nakhchivan Autonomous Republic  - leader of the investment rating

The Heydar Aliyev museum in Nakhchivan has hosted an event dedicated to the results of the annual investment rating of the economic regions of Azerbaijan where the Nakhchivan Autonomous Republic took the lead. The event was held with the participation of the Government members of the Nakhchivan Autonomous Republic, as well as the delegationof the Caspian European Club and Caspian Energy International Media Group.

Minister of Economy Famil Seyidov delivered a report at the event and spoke about the rates of the economic and social development of the region.

The First Deputy Chairman of the Caspian European Club and Caspian American Club Telman Aliyev stressed the significance of hosting the event, dedicated to the victory of the Nakhchivan AR in the investment rating, at the Heydar Aliyev museum.

He also emphasized that the Caspian Energy International Media Group compiles an investment rating of regions and determines a leader among the regions of 70 world countries. The Nakhchivan AR’s taking a lead in the regions rating of 2017 was highly assessed not only by the Azerbaijani but also foreign experts.

Telman Aliyev reminded that the Club was established in June 2002 with the support of the largest oil and gas companies operating in the Caspian-Black Sea region. His Excellency President of the Republic of Azerbaijan Ilham Aliyev is the Chairman of the Caspian European Club. The Caspian European Club, which brings together more than 5,000 member companies and organizations, operates in 70 countries around the world and carries out an active work to support a dialogue between the government agencies and the private sector. 

Telman Aliyev presented an international award of the Caspian European Club to the Chairman of the Supreme Assembly of the Nakhchivan Autonomous Republic, in the nomination “for the distinguished contribution to the development of the investment and business climate of the Nakhchivan AR”.

Delivering an opening speech, the Chairman of the Supreme Assembly of the Nakhchivan Autonomous Republic Vasif Talibov said: “Each country aspires to develop. Besides, a sustainable development is possible only in a country which has stability, development priorities and the most important thing which would be the unity of the state and its people. The current high-level development of Azerbaijan, its stability and unity between the state and the nation are the logical result of the successful continuation of the All-National Leader Heydar Aliyev’s political course by the country’s President Mr. Ilham Aliyev. Our country takes a worthy place on the development level among the world countries”. 

The Chairman of the Supreme Assembly emphasized: “Consecutive reforms, implemented by the Head of State Mr. Ilham Aliyev, have touched every region of Azerbaijan. As a result of the approval and implementation of the state programs on social-economic development of the regions, the volume of construction and upgrading operating running in the country, the coverage area of social-economic reforms and the level of the social well-being of the population have been enhanced substantially since 2004. The launch of new schools, Olympic sport complexes, hospitals, construction of new roads, opening of production enterprises and thousands of working places over the period under review once again indicates that it is the human factor underlying any development. The development of the Nakhchivan Autonomous Republic is also based on the “A strong state, a high level of well-being” strategy determined by the Head of State. The All-National Leader Heydar Aliyev used to say: “I want my wishes and dreams, my plans concerning the Azerbaijani state, the future of independent Azerbaijan and Nakhchivan, an integral part of Azerbaijan, to come true”.

It was noted that the wishes and dreams of the All-National Leader are being realized today owing to the attention and care of the esteemed President. Despite the fact that Nakhchivan has had to live in blockade conditions for more than 25 years, the autonomous republic managed to ensure stability, obtain high development figures, and at the same time created a reliable defense system. Food supply and energy security was established in the autonomous republic owing to a rational use of own potential and successful implementation of the economic reforms. Provision of gas supply to all dwelling settlements, including the most distant mountain and frontier villages, has been completed. An uninterruptable power supply to apartments has been recovered. The population is using high quality communication services and high-speed Internet.

The Chairman of the Supreme Assembly said: “Sustainable development is seen today in all the regions of Azerbaijan owing to the care of the country’s President. A healthy competitive environment has been developed in the country”.

As a visual indicator of development, the Nakhchivan Autonomous Republic, which scored the highest points on 18 relevant parameters, took the first place in the investment rating according to the results of the economic development of the country’s regions through 2017. The rating was compiled by the Caspian European Club chaired by the President of the Republic of Azerbaijan. The fact that the mentioned success of the autonomous republic is directly associated with the attention and care of the Head of the State, as well as with the committment to the ideas of the All-National Leader, and the President’s efforts aimed at realizing the ideals of Heydar Aliyev, is indisputable.

The Chairman of the Supreme Assembly expressed his deep gratitude and high respect to the President of the Republic of Azerbaijan Mr. Ilham Aliyev for the attention and care about the development of the Nakhchivan Autonomous Republic.

The Chairman of the Supreme Assembly has thanked all the residents of the autonomous republic, entrepreneurs and public officers, workers of the law-enforcement bodies, military personnel of the army units and forces for the obtained success and merits while ensuring the welfare.

The Chairman of the Supreme Assembly also thanked the Caspian European Club for the development of the healthy competitive enviroment, objective analysis and assessment of results, expressing condidence that the rating results would provide broad opportunities for inflow of new investments into the Nakhchivan Autonomous Republic which will make its contribution to the development of Azerbaijan in the following years.

Chairman of the Nakhchivan department of the Azerbaijan National Academy of Sciences Ismayil Hajiyev delivered a speech on behalf of the community representatives and intellectuals.

The Nakhchivan Autonomous Republic became a leader of the annual investment rating of the economic regions of Azerbaijan, compiled by the Caspian Energy International Media Group. The rating presented the results of the economic reforms and social policy of the regions implemented in the country under the leadership of His Excellency Ilham Aliyev, President of the Republic of Azerbaijan and Chairman of the Caspian European Club.

The regions are ranked according to 18 parameters divided into 6 groups – social-demographic profile, socio-economic status, business climate, infrastructure, feel-good factor and agriculture.

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