Executive Director of Azerbaijan Investment Company met with CEO of Qatar Investment Authority (QIA).

During the meeting Ulvi Mansurov discussed success of ongoing economic reforms, advantages of doing business in Azerbaijan, tax and other incentives introduced by Azerbaijan government to attract private investments into non-oil sectors of Azerbaijan economy.

Representatives of QIA reiterated their interest in the investment projects in Azerbaijan, in particular in the fields of renewable and green energy, infrastructural development and ability to co-invest with AIC.

Companies agreed to start jointly reviewing future investment projects.

The Qatar Investment Authority is Qatar's sovereign wealth fund managing more than $290 billion. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes.