Future Development: The construction sector is expected to grow by 2.6% in real terms in 2024. Between 2025 and 2028, the average annual growth rate (AAGR) is projected to be 4%. This growth will be supported by investments in transportation, renewable energy, and housing projects.

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Capital Investments: In the first half of 2024, capital investments in Azerbaijan increased by 9.4% year-on-year, reaching approximately 8 billion AZN (4.7 billion USD). Investments in the non-oil sector showed particularly strong growth, rising by 12.6%.
Older Market Size: In 2023, the value of the construction market was 10.6 billion USD. The average annual growth rate (AAGR) is projected to exceed 3% between 2025 and 2028.