He made the remarks at the signing ceremony of the contract on the pipe supply for the TANAP project, the Turkish TRT Haber TV channel reports Oct. 14.
Borusan Mannesmann, Noksel Celik Boru and Erciyas Celik Boru won the previously announced tender and will supply pipes for the project.
Davutoglu said that all projects being implemented jointly by Turkey and Azerbaijan are important not only for the two countries, but the whole region.
"Despite the economic crisis in many countries, Azerbaijan and Turkey were able to implement major economic projects," Davutoglu said.
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