Azerbaijan, Baku, Aug.18 / Trend I.Khalilova /
The Azerbaijani National Entrepreneurship Support Fund (NESF) under the Azerbaijani Economic Development Ministry launched financing projects on construction of five refrigerator storage facilities in the regions of Aran, Guba-Khachmaz Ganja-Kazakh and Lankaran, the ministry said.
The ministry has launched favorable financing investment projects on construction of five refrigerator storage facilities (two for each in Aran and Guba-Khachmaz regions and one in the Ganja-Kazakh region)
On Aug.20 the NESF representatives visited storage complex in Salyan, which is being constructed by Aladdin Fermer Ltd.
The complex built in Salyan at the loan received by entrepreneur, Nizami Huseynov, ready soon. Presently, the company is installing refrigerator facilities.
The NESF issued a lax loan worth 1.5 million manat for the construction of the refrigerator complex, while the project costs 6 million manat. These funds are scheduled for construction of refrigerator stores with a capacity of 10,500 tons of products (tomatoes, cucumbers and grapes) produced in the Chukhanly village of Salyan region, with a total area of 2,250 square meters. Some 60 percent of these products will be sold in the domestic market and 40 percent - in international markets. The project will facilitate the opening of more than 50 new jobs.
On Aug.20, the official exchange rate is 0.8040 manat to $1.
Do you have any feedback? Contact our journalist at: [email protected]