The purpose of the research is to investigate the current role and potential of the construction industry in the economic development of Azerbaijan, to analyze the development opportunities and current problems.

The methodology of the research - the research process is carried out by analyzing statistical data, collecting and discussing specialists' and experts' opinions, observations in the field and analysis of existing construction projects.

The practical importance of the research - the results of the study offer sound strategies in strategic planning and formulation processes for decision-makers and parties responsible for the development of the economy.

The results of the research - research contain theoretical and practical advices on the impact and potential of the construction industry on the economy of Azerbaijan, as well as strategic ways to advance in various areas of economic development.

The originality and scientific novelty of the research - this research reflects the latest scientific data and statistical data on the role of the construction industry in the economic development of Azerbaijan. Also, it can be valued as an original research paper aimed at studying the importance of the current construction industry and its future development opportunities.

Keywords: construction industry, economic development, infrastructure, urbanization, GDP growth, industrialization, regulatory reforms, sustainability initiatives.