Azerbaijan Investment Company (AIC) was established by Presidential decree in March 2006. All shares of AIC are owned by the Government of the Republic of Azerbaijan. Company governed by Supervisory Board appointed by Ministry of Economy. The main economic purpose of the AIC is capital investments in the non-oil sector of the Azerbaijan Republic.
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The company has not participated in any projects.
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The Azerbaijan Ministry of Energy has started construction work on a 240 MW solar project located in the Jabrayil region of southwestern Azerbaijan.
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