Ilham Aliyev: Oil and gas projects to ensure Azerbaijan’s long-term development

Baku, Azerbaijan, June 3 By Seymur Aliyev - Trend: Billions of dollars, invested in major oil and gas projects, namely, Shah Deniz, Trans-Anatolian and Trans Adriatic gas pipelines, will ensure long-term, sustainable development of Azerbaijan, President Ilham Aliyev said. The president made the remarks during the speech at the opening of the 21st International Caspian Oil and Gas Exhibition on June 3. "Hundreds, and perhaps thousands of new Azerbaijani companies, which will work as contractors, will get the contracts," the president added. "This will lead to the opening of tens of thousands of new jobs and contribute to the development of non-oil sector of the country's economy. The reason is that the building and assembly and infrastructure projects will ensure the non-oil sector's development," Ilham Aliyev said. He noted that Azerbaijan's main goal is to develop the non-oil sector, something that the results of the recent years indicate. "Azerbaijan's non-oil sector is growing annually at least by 9-10 percent. So, the diversification of the country's economy is being ensured," the president said. Story still developing Follow us on Twitter @TRENDNewsAgency