Azerbaijan, Baku, October 27 / Trend /
Azerbaijan Investment Company at the Ministry of Economic Development has announced the admission of investment projects, the Ministry said on Oct. 27.
The purpose of the advertisement is to finance investment projects, the relevant priority spheres of the economy, including establishment of small and medium enterprises for processing agricultural products, producing various kinds of packing products - cardboard, aluminum or plastic, creating alternative energy source (wind, solar, hydro and bio-energy).
Approved investment projects can be implemented at the expense of entrepreneurs and AIC or its subsidiaries, as well as through preferential loans of the National Fund for Entrepreneurship Development at the Ministry.
In the financing of investment projects, AIC participates as a shareholder, and its share in the authorized capital shall not exceed the total amount of financing of investment projects.
Individuals and legal entities wishing to submit an investment project can obtain information on registration applications in the office of AIC, which is located in the address: Baku, Sabail district, Hasan Abdullayev str., 11, or get it on the website of the company - www.aic.az.
Contact person is Elnur Alekperov (e-mail: [email protected]; Tel: (012) 437-29-09, fax: (012) 437-29-03).
Business entities must submit investment projects in electronic form or in hard copy in duplicate to the above address. Presented investment projects will be considered in AIC.
The investment projects will be admitted from November 1.