Ibrahim Ibrahimov
Ibrahim Ibrahimov | |
|---|---|
| Born | May 28, 1958 Nehram, Nakhchivan Autonomous Republic |
| Other names | Haji Ibrahim Nehramli |
| Occupation(s) | Entrepreneur, property developer, politician |
| Years active | 1991–present |
| Known for | Khazar Islands development, Azerbaijan Tower project |
Ibrahim Ibrahimov (, born 28 May 1958), also recognized as Haji Ibrahim Nehramli (), is a prominent Azerbaijani entrepreneur, property developer, and political figure. He is well-known for his association with the ruling authorities and for launching the ambitious Khazar Islands initiative, which includes the proposed Azerbaijan Tower, envisioned to be the tallest structure worldwide.
Early life
Ibrahimov was born in Nehram and completed his studies at the Faculty of Economics at Nakhchivan State University.
Career
In 1991, he established “Ilkan,” a firm that is believed to operate within the furniture production sector. From 1995 until 2000, he held a deputy position in the Supreme Assembly of Nakhchivan. During this period, Ibrahimov forged a significant connection with Heydar Aliyev, who was then the legislative chairman and later became Azerbaijan’s president. After Aliyev assumed the presidency, Ibrahimov expanded his enterprises and moved his company’s base to Baku. In 1996, he founded Avesta, a holding company focused on investments and construction projects.
His most notable project involves creating a cluster of 55 man-made islands along the Caspian Sea shoreline. The highlight of this development was intended to be a tower surpassing one kilometer in height, aiming to become the tallest building on Earth. The project sought to establish several records, including having the largest parking facility, a boulevard stretching 150 kilometers, and the greatest number of dining establishments within a single city. This large-scale island development received backing from the current president Ilham Aliyev. Although it bears similarities to Dubai’s Palm Islands, Ibrahimov dismissed such comparisons.
In 2015, authorities from the Department for Combating Organized Crime interrogated Ibrahimov and imposed travel restrictions on him during investigations concerning a 78 million AZN loan issued by the national bank. Multiple entrepreneurs with unpaid debts underwent similar probes during that time.
Personal life
He lives in Baku’s Qaradağ district with his wife and their four children.