According to him, WB has developed strategy on Azerbaijan for 4 years. It will allocate $ 280 mln to Azerbaijan as project and investments. Besides, International Financial Corporation will grant $ 200 mln to Azerbaijan: “We have developed projects like establishment of modern capital market and irrigation. Currently, projects on high education spheres are developed”.

He also noted that, there were 18 active projects on Azerbaijan that total portfolio made $2.2 bln. These include transport, railway, canalization, protection o environment, education, justice and etc.