As part of a series of events marking the 25th anniversary of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) and the 30th anniversary of the signing of the "Contract of the Century," a webinar on project management was jointly organized by SOFAZ, Azerbaijan Youth Foundation, and the Azerbaijani Students and Alumni Platform (ASAP) for Azerbaijani students studying abroad.

The event was inaugurated by Bahruz Bahramov, Deputy CEO of SOFAZ, and Sevda Mansurova, Executive Director of ASAP. In their opening remarks, the speakers welcomed the participants and provided an overview of their respective institutions and discussed the significance of Azerbaijan's oil strategy in fostering the development of human capital and highlighted the state's role in supporting the professional growth of youth by providing various opportunities for skill enhancement. The speakers further emphasized the historic significance of the "Contract of the Century" signed under the leadership of National Leader Heydar Aliyev, in driving the country's socio-economic progress, and highlighted the pivotal role of national projects funded by SOFAZ.

Following the opening session, Zohra Abbasova, a specialist in SOFAZ’s Budget and Projects Department, delivered a training session on "Project Management." The training covered key aspects of effective project management, widely used international practices, the application of project management systems within the public sector, the phases of project development, and extensive insights into stakeholder collaboration.

The webinar was concluded with the Q&A session.

It is noteworthy that the webinar attracted Azerbaijani students from over ten countries, including the United States, the United Kingdom, Ireland, Sweden, Türkiye, Austria, the Czech Republic, and Germany.