Azerbaijani Aqrolizinq company purchases next batch of agricultural equipment

Azerbaijan, Baku, March 3 / Trend , corr. S.Babayeva /

In mid March, Aqrolizinq JSC purchased 21 MTZ tractors from Ganja Car Factory, the company said.

Upon signed contracts, 90 grass mowers, 115 plows, 40 sprayers of fertilizers and 255 units of agricultural equipment were imported into the country.

During this period, eight tractors, nine units of different agricultural equipment were provided to 10 legal and physical entities in leasing. According to the rules, approved by the Cabinet of Ministers of Azerbaijan, 4,200 and tons of nitric and 1,200 tons of superphosphate fertilizers were sold to agricultural producers on favorable terms.

Aqrolizinq company was established under the Ministry of Agriculture on Oct. 23, 2004 by Azerbaijan President Ilham Aliyev's decree. Activity of the enterprise is directed to improve agrarian sphere and support entrepreneurship in the country by purchasing and leasing various agricultural equipment and fertilizers to local landowners. Currently Agrolizing company has nine regional agro service bases and 55 agro service branches in all regions of Azerbaijan, except occupied territories.

From 2005 to 2008 the company has got AZN 133mln from Public budget. Thus, 76.6mln of this amount was spent on purchasing agricultural machines, 7.4mln for technological equipment and 4.9mln for pesticides and fertilizers.

More than 500 combine harvesters, 1,500 tractors, 30 mini tractors, 120 excavators and more than 4,000 various agricultural machines were purchased during this period.

Thus, AZN 37.5mln will be allocated from 2009 Public budget for Aqrolizinq like 2008.

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