Book Hotels During Bakutel 2008 Baku, Azerbaijan

Economy and Investment

With population of 8 436 thousand and territory 86,6 thousand square km, Azerbaijan remains one of the most favorable countries for foreign direct investments and business development in the world
In the nearest 20 years the general volume of income of Azerbaijan from oil industry is expected to reach the level of $200 billion
The actual growth rate of GDP in Azerbaijan made up 26,4% in 2005 and 34,5% in 2006, and this rate is kept in 2007
The scope of investment from all financial sources in Azerbaijan is forecasted at the level of approximately $50 billion for the period of 2007 through 2011. About $35 billion of direct investment is expected to fall to the share of the non-oil sector

Nowadays, the ICT sector is the second fastest developing branch of economy after the energy sector. The rate of profit growth in this sector reached 30-35% in the past three years
According to the “Global Information Technologies” Report of the World Economic Forum for the period of 2006-2007, Azerbaijan has advanced among 122 countries and was rated 71st by Networked Readiness Index
A package of proposals on creation of Regional Innovation Zone (RIZ) in Azerbaijan has been worked out and presented to the Government of Azerbaijan

Date of foundation: 1995
Frequency: Annual
Participant Number: 127 (2007)
Numbers of Representative Countries: 19

Participation of your company in the leading exhibition on Caucasus and in the Caspian region will give an opportunity:

Represent your company at the region market.
Meet qualified and motivated buyers at one place.
To show company stability at the market.
To increase the strength of the economy.
Reinforce relationships with existing buyers and partners.
Present the benefits of your product and service.
To strengthen your positions in the market through effective participation at the specialized and key event.

Official site of Bakutel 2008