L’IMAD and Azerbaijan Investment Holding Partner for Strategic Investments
L’IMAD, a sovereign investor of the Government of Abu Dhabi, has partnered with Azerbaijan Investment Holding (AIH) to enhance investment cooperation and strengthen economic relations. This agreement was signed in Baku in the presence of President Ilham Aliyev of Azerbaijan and H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser.
Key Points:
- Partnership Focus: AIH and L’IMAD plan joint strategic investments in Azerbaijan and the Central Asia region.
- Sectors of Interest: Industries, critical minerals and supply chains, urban infrastructure, energy, and digital connectivity.
- Quotes:
- "As a sovereign investor… L’IMAD… aims to identify investment opportunities… supporting resilient supply chains…" – Jassem Bu Ataba Al Zaabi, Managing Director, L’IMAD
- "We welcome this strategic collaboration… This agreement reflects… growing economic ties… and shared ambition…" – Mikayil Jabbarov, Minister of Economy, Azerbaijan
- Bilateral Relations: The partnership builds on expanding trade and investment ties between the UAE and Azerbaijan.
