Georgia was also named one of the priority recipients of the Foreign Military Financing programmes, receiving $25 million.

 Masdar last month won bids to build two solar power plants, each with a capacity of 220 MW, in the central Samarkand and Jizzakh regions.

Since the new government came to power, it has embarked on an ambitious economic reform plan. And that includes the long-ignored tourism sector.

The areas around the formerly occupied Azerbaijani districts have long been regarded as some of the most heavily mined on earth.

In the Soviet era, such gritty industries were regarded as sacred pieces of the country’s clunky economy.

The government fully or partially owns more than 2,500 companies, and 675 of them are under the liquidation process.