Article

The Azerbaijan State Oil Fund (ARDNF) has established a long-term partnership with BlackRock and Global Infrastructure Partners (GIP) to pursue infrastructure investments worth up to $1.5 billion over the next 3-4 years. The collaboration will focus on developing digital infrastructure, including data centers, and enhancing airport facilities, while also facilitating knowledge transfer and strengthening local human capital. This initiative marks a significant step for Azerbaijan in positioning itself as a regional hub for digital and infrastructure development.