State Oil Fund boosts investments in infrastructure assets – COMMENTARY

The State Oil Fund of the Republic of Azerbaijan (SOFAZ), established to manage revenues from depleting natural resources for the benefit of current and future generations, marked its 25th anniversary last year. Managing assets exceeding $66 billion – equivalent to over 90% of Azerbaijan’s GDP – SOFAZ achieved a 6% investment return in 2024. As a long-term capital provider, SOFAZ contributes to the welfare of Azerbaijan’s citizens and global sustainable development through a diversified investment portfolio spanning more than 50 countries and covering major financial assets and sectors. Guided by advanced practices and professional management principles, the Fund monitors macroeconomic trends such as the energy transition, digitalization, and transport-logistics, while increasingly (…)