Iran stone news, Azerbaijan has experienced explosive growth in its construction sector over the past decade. Accounting for 12% of Azerbaijan’s $169.4 billion economy, construction has a built itself a major role in the economic structure of the nation.
With foreign investment totalling $220 billion over the past 20 years, Azerbaijan is already an attractive environment for international businesses. Construction is another avenue for those brands to explore.
Construction in Azerbaijan
The construction industry has grown fast in recent years, covering all major sub sectors. 2015’s numerous residential construction projects saw 1.9 million square metres of new housing put into use. Elsewhere, the construction sector is propped up by a wealth of infrastructure, commercial and retail projects taking place nationwide.