Donald Vester Fites

Former Chairman and CEO of Caterpillar, Inc

President Heydar Aliyev is one of the unique leaders of the world. Mr. President brought the republic out of the old system and turned Azerbaijan into a country with a democratic, free-market economy. Your leadership qualities, as well as your country’s natural resources and skilled workforce have played an important role in the transformation of Azerbaijan into a democratic country. The world community is well aware of Azerbaijan’s current achievements, and this is reflected in the great interest shown towards your republic.

This year, $ 872 million have been invested in Azerbaijan. However, in 1993 that figure was only $15 million. 70 of those who invest in Azerbaijan are American companies. One of them is Caterpillar, Inc.