Big preferential loan allocated for construction of modern complex on milk production in Azerbaijani region
Azerbaijan, Baku, June 5 / Trend /
The national fund for entrepreneurship support under the Azerbaijani ministry of economic development granted preferential loans in the amount of 3.3 million manat to 61 entrepreneurs from Shaki, Oguz, Zagatala, Gakh and Ismayilli on June 5, the ministry said on June 5.
Roughly 3 million manat of these funds are envisaged for construction of modern Gilan complex producing milk and processing dairy produce in Gabala.
Total cost of complex construction hits 12.9 million manat. Roughly 2,000 heads of racy cows (Dutch and Stavropol cows) will be placed in complex after launching of its activity. Roughly 9,000 tons of milk and milk products, 180 tons of meat and meat products will be produced. The enterprise will be equipped with modern equipment. Over 70 new jobs will be created.
Over 160 new jobs are planned to be created within actions conducted in Gabala owing to preferential loans.
Roughly 530 entrepreneurs got loans in the amount of 27.3 milion manat via national fund of entrepreneurship support in 2009. Over 2,000 new jobs are planned to be created from financing of projects by preferential loans.
Trainings covered 1,000 entrepreneurs from Lankaran, Shaki, Sumgayit, Horadiz, Goychay, Khachmaz, Shamakha, Gazakh, Yevlakh, Ismayilli, Zagatala, Gabala and Gakh regions to enlighten in preparation for business-plans, rules of preferential loans getting in 2009.
Participants of trainings get information about rules of preparation and support of entrepreneurship of the National Fund's investment projects, forming of business-idea, more rational use of preferential loans.
On June 5, the official exchange rate is 0.8036 manat to $1.
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