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Azerbaijani Investment Company to Invest Poultry Enterprise

Business Materials 22 November 2007 18:08 (UTC +04:00)

Azerbaijan, Baku / Trend corr I. Khalilova / The Supervisory Board of the Azerbaijani Investment Company (AIC) decided to invest in Davachi-Broyler poultry enterprise, the company reported on 22 November.

AIC will put AZN 12mln for 25% share in the enterprise. Fourteen farms will be repaired and provided with new equipments through the funds, production technologies will be updated in 8 farms, production power will be increased, and production of poultry prepared food will be launched. Moreover, the funds will be put in the capital of a new hatcher producing enterprise.

The investing of Davachi-Broyler is taking part in accordance with the MOU which the enterprise signed with AIC on 12 July 2007.

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