Submission of investment projects for development of Azerbaijan`s Balakan region announced

Photo: Submission of investment projects for development of Azerbaijan`s Balakan region announced / Economy news

Baku, Azerbaijan, June 2
By Emin Aliyev - Trend:

The National Fund for Entrepreneurship Support (NFES) under the Ministry of Economy and Industry of Azerbaijan has started to receive investment projects on the priority areas of Balakan`s development from entrepreneurs.

The event dedicated to the government support for entrepreneurship development was held in the village of Gullar in the Balakan region on May 30.

During the event, discussions were held with entrepreneurs on the most efficient use of existing economic potential. Receiving proposals from businesses to finance investment projects to create a specialized "green" market, modern grain-grower farms, family farms for the production of milk, cattle and bees has been recognized as expedient.

In accordance with the rules of the use of the National Fund, from this day on business entities may apply to the fund through authorized credit organizations. At the request of entrepreneurs, small projects can be fully financed by concessional loans.

Edited by C.N.

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