President of Azerbaijan Ilham Aliyev received on 3 October 2005 the chairman and the chief executive director of the American “Valmont Industries” company Mogence Bay.
The head of the state assessed as a positive factor the intentions of the American company, specializing in the agriculture to implement new projects in Azerbaijan. According to Aliyev, after the oil and gas sector the agriculture is attached a large importance.
Mogence Bay informed of the company’s plans to implement 2 large projects in Azerbaijan in cotton and sugar-beet вЂ" growing. Realization of pilot projects will be launched soon. It will be the start of the large-scale activities in Azerbaijan, he said.