Azerbaijan, Indonesia discuss development of investment relations

Azerbaijan and Indonesia exchanged views on the development of economic and investment relations, the expansion of institutional cooperation, and investment areas of mutual interest, Report informs, citing the State Oil Fund of Azerbaijan (SOFAZ).

On October 28, Israfil Mammadov, Chief Executive Officer of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), met with a delegation led by Todotua Pasaribu, Vice Minister of Investment and Downstream Industry of the Republic of Indonesia.

The meeting was attended by Berlian Helmy, Ambassador of the Republic of Indonesia to Azerbaijan, representatives of Danantara, Indonesia's state investment holding company, as well as other Indonesian investment institutions.

The discussions also covered SOFAZ's investment activities across Asian markets, its partnerships with leading investment institutions in the region, and the opportunities these relationships may create for future cooperation.

In this context, the parties also discussed the China-ASEAN Investment Platform, established in April 2026 by SOFAZ, China Investment Corporation and Indonesia Investment Authority. The platform represents a concrete example of the institutional cooperation already developed among the parties and provides additional opportunities for private equity investment and long-term partnership across Southeast Asia's high-growth markets.

The meeting also covered prospects for cooperation in a range of areas, including infrastructure, technology and the digital economy. The parties highlighted the importance of maintaining institutional dialogue and further developing engagement on investment themes of mutual interest.