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AZPROMO to actively participate in attracting foreign investments to Azerbaijani non-oil sector

Business Materials 9 February 2011 13:56 (UTC +04:00)

Azerbaijan, Baku, Feb.9 / Trend U. Ismaylova /

The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) continues to accept projects from entrepreneurs covering the non-oil sector to attract foreign investments, the Azerbaijani Economic Development Ministry said.

"AZPROMO accepts projects for submission to foreign partners and investors directly," the ministry said.

Investment projects of entrepreneurs should cover the non-oil sector. They must be financially grounded and should be cost-effective, and envisage the long-term production of competitive goods and the introduction of modern technology.

Investment projects should include the following information:

- Project name and place of implementation;

- Description and aim of the project;

- Cost of project, financing scheme and share distribution;

- Term of implementation and payback;

- Information on the executor company/beneficiary, company name, address, name of coordinator, post and contacts (mobile number and e-mail).

Investment projects are accepted in the Azerbaijani and English languages. They should be submitted in electronic or printed form to: Baku, Sabail District, 11 Hasan Abdullayev St., AZ 1001.


Contact person: Vusal Abbasov (e-mail: [email protected]; Tel: (012) 598-01-47 (daxili: 105); Faks: (012) 598-01-52).

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