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Major contract for industrial area construction concluded in Azerbaijan

Business Materials 15 September 2015 09:30 (UTC +04:00)

Baku, Azerbaijan, Sept. 15

By Azad Hasanli - Trend:

"Azerbaijan Investment Company" OJSC has attracted "M-NAF" LLC for the construction work in the Neftchala industrial area, the tender commission said.

The cost of the contract signed Sept. 7 is 21.8 million manat.

The decree on the establishment of an industrial area in the Neftchala district was signed by President of Azerbaijan Ilham Aliyev February 2, 2015.

"Azerbaijan Investment Company" was founded in 2006. The company is engaged in attracting local and foreign investors for existing and new commercial enterprises.

The company's activity covers the ICT sector, agriculture, alternative and renewable energy, food industry, industry, logistics, tourism, processing, etc.

The official exchange rate is 1.0475 AZN/USD Sept. 15.

Edited by CN

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