Azerbaijan Launches State Program for Mining and Metallurgical Industry (2027–2030)
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What happened
President Ilham Aliyev chaired a meeting on September 22, 2026, regarding the country's national development strategy. The focus was the 'State Program on the Development of Mining (Metal Ores) and Metallurgical Industry in the Republic of Azerbaijan for 2027–2030.' Aliyev stated that the program, which was formalized by an Order signed in early April, is intended to strengthen the national economy by developing the non-oil sector and creating over 5,000 permanent jobs.
From news.az
Why it matters
The initiative represents a major push into a capital-intensive industrial domain for Azerbaijan. The government has confirmed that funds are allocated for this program through both the state budget and the investment program to achieve its goals.
Infrastructure projects are underway in the Absheron peninsula of Azerbaijan.
From news.az
Who's involved
- AzerbaijanThe geopolitical state whose economy is the focus of the new industrial program.
- Ilham AliyevPresident of the Republic of Azerbaijan and chair of the development meetings.
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The entities involved
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Azerbaijan
country in the Caucasus in Eastern Europe and Western Asia
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Absheron peninsula
peninsula in the Caspian Sea
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Related events
- A conference is scheduled to take place in Baku, Azerbaijan.
- President of Azerbaijan, Ilham Aliyev, read a message related to the National Confederation of Entrepreneurs (ASK) in Baku.
- In Baku, the capital of Azerbaijan, President Aliyev is representing Azerbaijan's vision while engaging in diplomatic discussions.
- Azerbaijan highlights national tech development through plant inclusion and hosts a National Competition Forum in Baku.
- Azerbaijan, representing the region, shares concerns about climate impacts and hosts the Baku Climate Week.