Azerbaijan Reports USD 4.28 Billion in State Capital Expenditure

On 6 November 2026, Azerbaijan's Finance Ministry reported that state-budget capital expenditure exceeded AZN 7.28 billion (approximately USD 4.28 billion) from January to September 2026. This included AZN 1.76 billion (USD 1.04 billion) for the Great Return Programme and more than AZN 1.62 billion (USD 955.2 million) for the state investment programme. The spending creates opportunities for infrastructure contractors, engineering firms and public-project suppliers. HPC can support tender research, supplier identification and project partnerships.

If you are interested to enquire further, please fill in the form below with your details and one of our consultants will contact you shortly.