On September 25, President of the Republic of Azerbaijan Ilham Aliyev received Adebayo Ogunlesi, founder, chairman, and chief executive officer of “Global Infrastructure Partners” (GIP), a global infrastructure investment firm operating under “BlackRock,” one of the world’s leading asset management companies.
elchi reports that during the conversation, the head of state’s meeting with Adebayo Ogunlesi in Davos this January was recalled.
The importance of the memorandum of intent on long-term cooperation signed in Davos between the State Oil Fund of the Republic of Azerbaijan (SOFAZ), “BlackRock,” and “Global Infrastructure Partners” (GIP) was highlighted.
At the meeting, satisfaction was expressed regarding the development of investment cooperation between Azerbaijan and the company, and an exchange of views took place on the results achieved and prospects for expanding the partnership.
It was emphasized that the partnership formed between the State Oil Fund of the Republic of Azerbaijan (SOFAZ) and “Global Infrastructure Partners” (GIP) already covers concrete international investment projects. In this regard, it was noted that the Fund, together with this company, has invested in Italy’s high-speed train operator “Italo” and London’s Gatwick Airport.
An exchange of views was held on investment opportunities in our country’s infrastructure sector, including potential cooperation in digital and transport infrastructure.
During the conversation, the importance of the Second Azerbaijan International Investment Forum organized in Baku under the patronage of President Ilham Aliyev and the Azerbaijan Infrastructure Investment Dialogue held within this framework, co-organized by the State Oil Fund of the Republic of Azerbaijan (SOFAZ) and “BlackRock,” was touched upon. It was emphasized that companies managing assets worth 30 trillion US dollars participated in these events.
It should be noted that “Global Infrastructure Partners” has been operating under “BlackRock,” the world’s largest investment management company, since 2024. “BlackRock,” with 15.3 trillion US dollars in assets under management, is a global investment firm specializing in energy, transport, digital infrastructure, water, and waste management. The volume of assets managed by “Global Infrastructure Partners” (GIP) is 170 billion US dollars. This company is also one of the main founders of the global Artificial Intelligence Infrastructure Fund, along with “BlackRock,” “Microsoft,” and “MGX.”
