“The joint investment is strategically feasible in the economy of Azerbaijan with the activation of the Turkic Investment Fund (TIF) in Q1 2026. There are three areas that TIF should focus on in particular: renewable energy, in which Azerbaijan plans to introduce 6 gigawatts of energy by 2030 with 4 gigawatts designated for European export via multiple green-energy corridors by 2032; transport and logistics infrastructure, where cargo via the Middle Corridor has risen fivefold since 2019 and where Azerbaijan’s completion of the Zangezur Corridor by spring 2026 will add 15 million tones of annual export capacity; and the development of the non-oil sector. These industries go hand in hand with the mandate of the TIF whilst making regional integration a reality,” Dávid Biró, Senior Advisor and Coordinator of Hungary’s Ludovika Research Workshop on Turkic Studies, told AZERTAC.

According to him, beyond the issue of capital supply, however, is a bigger structural opening: “It is shown throughout Hungary that regional investment is exponentially more efficient when accompanied by potentials of operational expertise and market entry. The Hungarian firms in the Turkic region enjoy EU regulatory experience, infrastructure modernization skills and credibility in the Eastern market as well as the Western markets an asset that raises returns on the invested capital and enables greater economic integration.”

“The TIF itself can serve as an authentic prototype of any form of new cooperation by serving as a co-financing platform with regional capital drawing international investors and Hungarian operational partners making it easy to access the European market. This makes the fund more of a vehicle used to coordinate regional value chains as opposed to conventional development banking. The international investors and European investors follow when Turkic capital provides an initial loss exposure and commitment of operations and thus develop sustainable partnerships and not a single transaction,” the expert added.