{"id":4,"date":"2014-09-11T15:29:54","date_gmt":"2014-09-11T07:29:54","guid":{"rendered":"http:\/\/azerbaijan"},"modified":"2026-06-03T16:37:31","modified_gmt":"2026-06-03T08:37:31","slug":"azerbaijan","status":"publish","type":"page","link":"https:\/\/carecprogram.org\/?page_id=4","title":{"rendered":"Azerbaijan"},"content":{"rendered":"

CAREC in Azerbaijan<\/h2>\n

Azerbaijan joined the CAREC Program in 2003. Since then, the country has collaborated with other CAREC members to foster growth and connectivity, positioning the region at the center of Eurasia\u2019s trade and commerce as global markets become more interconnected.<\/p>\n

With CAREC\u2019s support, Azerbaijan continues to strengthen its international and domestic road networks to drive economic growth, boost the competitiveness of its products through expanded trade, and accelerate regional development. The country\u2019s North\u2013South and East\u2013West highways hold significant potential as key corridors for transit traffic between Asia and Europe. The rehabilitation of many of Azerbaijan\u2019s roads could boost non-oil trade and increase traffic between the Caspian Sea and Black Sea.<\/p>\n

Cumulative Investments<\/h2>\n

As of December 2025, Azerbaijan has 23 CAREC-related investment projects worth\u00a0<\/span><\/span>more than $7 billion<\/span><\/span><\/a>.\u00a0<\/span>\u00a0<\/span>About 82% of these projects support transport connectivity, and\u00a0<\/span>18<\/span>% are<\/span>\u00a0focused on energy generation.\u00a0<\/span>One-fourth of all investments are financed by ADB.<\/span><\/span><\/p>\n

View all CAREC Projects in Azerbaijan<\/a><\/strong><\/p>\n\n