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Investment projects tenders to develop Azerbaijani western region

Business Materials 6 January 2012 15:57 (UTC +04:00)
The National Entrepreneurship Support Fund under the Azerbaijani Ministry of Economic Development is to accept investment projects from business entities to finance the priority areas in Gazakh region, the ministry said today.
Investment projects tenders to develop Azerbaijani western region

Azerbaijan, Baku, Jan. 6 / Trend N. Ismayilova /

The National Entrepreneurship Support Fund under the Azerbaijani Ministry of Economic Development is to accept investment projects from business entities to finance the priority areas in Gazakh region, the ministry said today.

Negotiations were held recently with representatives of the local communities and entrepreneurs to make more efficient use of the available economic potential. This was part of an event on 'state support of entrepreneurship development in the regions', held in the village of Shikhli, based in the Gazakh region on December 28. As a result, the following priority areas for economic development of the region were determined:
*Creation of a modern refrigeration warehouse to store potatoes and onions,

*Creation of a modern grape processing plant

*Creation of intensive viticulture and potato growing.

Proposals can be received from businesses via the authorized credit institutions of the fund from Jan. 6.

For more information, contact the fund. Telephone: (012) 434-74-29, fax: (012) 432-37-17; e-mail: [email protected] Address: Baku, Yasamal district, 172 Sharifzade st.

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