The meeting of the Supervisory Board of the State Oil Company of Azerbaijan (SOCAR) took place today.
Azerbaijan Investment Holding has developed a "Company Corporate Strategy until 2035".
The new strategy, developed in line with the requirements of the IV Industrial Revolution (Industry 4.0), will focus on the sustainable development of areas such as digitalization of the production cycle, supporting innovations, strengthening human resources, as well as defining key directions for value chain integration, to coordinate the future activities of the oil and gas industry.
The corporate strategy until 2035 will enable SOCAR to create a more diversified investment portfolio.
