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Azerbaijan boosts post-war reconstruction with AZN 4 billion for 2025. Key projects in Karabakh and Eastern Zangezur include infrastructure, energy, housing, and agriculture, supporting economic growth and the return of IDPs to liberated territories.
The Azerbaijani government has increased funding for post-war reconstruction and restoration in Karabakh and Eastern Zangezur, allocating AZN 4 billion (USD 2.35 billion) in the 2025 state budget, according to Caspian News.
Azer Amiraslanov, Chair of the Parliamentary Committee on Economic Policy, Industry, and Entrepreneurship, stated this investment aims to foster economic growth, diversify the economy, and boost employment.
Since liberation of the regions in 2020, Baku has spent AZN 17.5 billion (USD 10.3 billion) on reconstruction. Over 8,000 former internally displaced persons (IDPs) have returned, supported by significant government initiatives.
Reconstruction efforts include extensive mine clearance across 161,000 hectares and key infrastructure projects, such as airports in Fuzuli, Zangilan, and Lachin; strategic roads like the Victory Road and Zangezur Corridor; and railway lines including Horadiz-Aghband. Energy projects involve new power stations, solar and wind developments, and gas pipelines. Water infrastructure includes repairing reservoirs and constructing pipelines.
In the social sector, developments include the “Smart Village” in Zangilan, housing for IDPs, schools, hospitals, and socio-economic facilities. Modern agro-parks, industrial parks in Aghdam and Jabrayil, and improved internet connectivity support economic growth.
Damage from Armenian occupation is estimated at USD 819 billion, with USD 265 billion attributed to environmental harm, underscoring the scale of the reconstruction challenge.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
Kazakhstan is stepping up investment in the Middle Corridor as rising freight volumes and demand for more diverse trade links drive the rapid expansion of the route connecting Asia and Europe.
Georgia’s International Maritime Forum has closed in Batumi with officials setting out investment targets, timelines and technical plans aimed at expanding the Middle Corridor and strengthening the country’s role in global trade.
Iran says it has delivered on its promise of a “faster, heavier and more painful” response to Washington, striking U.S. bases, warships and commercial vessels early on Wednesday.
Central Asian foreign ministers have marked 20 years since a landmark nuclear-free treaty, reaffirming their commitment to regional security, nuclear non-proliferation and disarmament.
Saudi Arabia’s international leisure tourism industry is forecast to grow by 93 per cent between 2025 and 2030, as the kingdom expands beyond religious travel. The figures were presented during WTM Spotlight Riyadh, where industry leaders discussed the growing tourism market.
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