Tokyo, 13 June, /AJMEDIA/
Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with Barry Sternlicht, Chairman and CEO of Starwood Capital Group, the private alternative investment firm that is focused on global real estate.
During the meeting, Minister Mikayil Jabbarov highlighted measures implemented in Azerbaijan in the economic sphere and the results achieved, noting the favorable business environment of the country and the opportunities created for foreign investors.
Emphasizing that there are good opportunities for investment in energy, especially in alternative and renewable energy, logistics, tourism and other areas, the minister pointed out the potential of partnership with the Starwood Capital Group in this regard.
The parties discussed cooperation on investment in a number of areas, including the tourism one.
Formed in 1991, the firm currently manages over $115B of assets on behalf of its high net worth and institutional partners. Starwood Capital, its affiliates and externally managed public companies encompass ~ 5,000 employees. The Firm maintains offices in Arlington, Atlanta, Chicago, Dallas, Greenwich, Los Angeles, Miami, New York, San Francisco, and Washington, D.C., and affiliated offices in Amsterdam, Hong Kong, London, Luxembourg, Sydney and Tokyo.
