ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Azerbaijan and ADB
The ADB–Azerbaijan partnership aims to support the private sector, realize green energy initiatives, raise public sector efficiency, improve infrastructure, and strengthen human capital.
In the Spotlight
Digital Technology Critical for Jobs and Skills in Azerbaijan — ADB Study
Azerbaijan could create 42,000 new jobs in its key industries by 2025, if the country develops promising policies and workforce to support the Fourth Industrial Revolution (4IR) transformation, says a new Asian Development Bank (ADB) study.
Harnessing the Fourth Industrial Revolution through Skills Development in High-Growth Industries in Central and West Asia — Insights from Azerbaijan, Pakistan, and Uzbekistan
This report explains how the rapid adoption of digital technology in Central and West Asia can help unlock growth and shows why economies need to invest in training to build the skilled labor force needed for the jobs of the future.
Harnessing the Fourth Industrial Revolution through Skills Development in High-Growth Industries in Central and West Asia — Azerbaijan
This report explains how Azerbaijan’s fast-growing agro-processing, transportation, and storage industries can benefit from the adoption of digital technologies and outlines how to train the skilled workforce it needs for the new economy.
Regional Cooperation Vital to Addressing Climate Change in Central and West Asia, Says ADB
Central and West Asia, and its neighboring countries, must work together to address increasingly severe impacts of climate change that could lead to water scarcity, food insecurity, and even conflict in the region, ADB said today.
Azerbaijan Facts
ADB's Work in Azerbaijan
ADB is one of Azerbaijan’s key sources of official development assistance. Current ADB operations are being implemented under the country partnership strategy, 2019–2023, which aims to boost private sector development, raise public sector efficiency, improve infrastructure, and strengthen human capital. The strategy is closely aligned with the Government of Azerbaijan’s strategic road maps for the national economy and main economic sectors. A new country partnership strategy for 2024–2028 is expected to be implemented by 2024.
Data: Azerbaijan
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Azerbaijan, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in Azerbaijan View all projects
Featured
Surrounded by the Caspian Sea and the Caucasus mountains, a reliable and efficient transport system is key to Azerbaijan’s economy. As the largest economy in the South Caucasus, the country has been mostly dependent on oil and natural gas exports that are vulnerable to price shocks.
Approved/Active
Proposed
What's New
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| News Releases, News from Country Offices
Digital Technology Critical for Jobs and Skills in Azerbaijan — ADB Study
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| Publications, Reports
Harnessing the Fourth Industrial Revolution through Skills Development in High-Growth Industries in Central and West Asia — Azerbaijan
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| Publications, Reports
Harnessing the Fourth Industrial Revolution through Skills Development in High-Growth Industries in Central and West Asia — Insights from Azerbaijan, Pakistan, and Uzbekistan
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| News Releases, News Release
Regional Cooperation Vital to Addressing Climate Change in Central and West Asia, Says ADB
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| Article
Q&A: Addressing Intertwined Challenges in Central Asia and the Caucasus through Regional Cooperation
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| Publications, Reports
CAREC 2030: Supporting Regional Actions to Address Climate Change—A Scoping Study
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| Publications, Guides
The Developers' Guide to Planning and Designing Logistics Centers in CAREC Countries
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| Brochures and Flyers
Asian Development Bank and Azerbaijan: Fact Sheet
Contact: Azerbaijan Resident Mission (AZRM)
45 A. Khagani Street, Landmark II Building, 4th Floor, Baku, AZ1010, Azerbaijan
Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)
Fax +994 12 4373475
Senior Investment Officer, Private Sector, Financial Institutions, SOEs and PPPs
The Azerbaijan Resident Mission (AZRM) was opened in 2004. Located in Baku, Azerbaijan, AZRM's responsibilities include:
- Country reporting
- Country strategy and program formulation
- Coordination ADB's activities with the government, donors, NGOs, academic institutions, private sector, and other members of civil society
- Financial and administrative activities, project administration support, economic and sector work, and programming support
- External relations and information dissemination
- Portfolio management and annual/quarterly portfolio reviews
AZRM will be closed on these dates:
- New Year's Day: January 2 (Monday), in lieu of January 1
- National Mourning Day: January 20 (Friday)
- International Women's Day: March 8 (Wednesday)
- Novruz Bayram: March 20, 21 (Monday, Tuesday)
- Ramazan Bayram: April 21 (Friday)
- Republic Day: May 29 (Monday), in lieu of May 28
- Gurban Bayram: 1 day (Subject to change)
- Victory Day: November 8 (Wednesday)
- Day of Solidarity: December 29 (Friday), in lieu of December 31
Last updated: 11 May 2023