Financial Times stated why not to invest in Azerbaijan

Prestigious Financial Times magazine about Azerbaijan from the aspect of investment expediency - Tert.am:
"Corruption is widespread, and the promise of great wealth from Azerbaijan's crude oil reserves, mainly remains unrealized," the Renaissance Capital investment bank in Moscow described the former Soviet republic.
The newspaper, on its behalf, adds the following reasons, which speak against making investments in Azerbaijan. Those are the undeveloped capital markets, dynasty, which is often characterized by feudal and the unresolved Nagorno-Karabakh conflict with Armenia.
"We haven’t made any investment there and we do not know anyone who has made an investment there," assessed Aivaras Abromavikius, the partner of East Capital- Swedish company specialized in developing markets. He compares Azerbaijan with "a new child in the yard”, referring to its place on the world investment map. Another expert, Sturgeon Capital’s founder and executive director Clemente Capelo, notes that the Azerbaijani authorities hope to change that situation and "make Azerbaijan's appear on the investment map. "
Experts believe that though African markets are comparable to Azerbaijani investment market, however, the "Eurovision" song contest will not have the same effectiveness as the 2010 Football World Cup had on the Republic of South Africa.
Capelo believes that Azerbaijan now “grabbles between Euro-Turkish and Dubaish market cultures” but soon development is forecasted since "Azerbaijan has the resources."