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Azerbaijan to launch 15 agro-parks in 2018

Business Materials 18 April 2018 13:54 (UTC +04:00)

Baku, Azerbaijan, April 18

By Anvar Mammadov - Trend:

Fifteen agro-parks are planned to be launched in Azerbaijan in 2018, Executive Director of the National Entrepreneurship Support Fund (NFES) of Azerbaijan Shirzad Abdullayev said at a press conference April 18.

"The first stage of work has already been completed on three agro-parks. Furthermore, construction and installation work is underway at 26 agro-parks, while territory planning is underway at 16 agro-parks," Abdullayev said.

He said that overall, work on creation of agro-parks in Azerbaijan is proceeding at a high pace.

In total, 45 agro-parks with a total area of 191,800 hectares are planned to be created in the country's 30 districts, according to Abdullayev.

"In this regard, the government is rendering great support. In total, state funds worth 311.8 million manats were invested in the creation of agro-parks, while soft loans worth 107.6 million manats were allocated for creation of 15 agro-parks , investment incentive documents were issued for 24 projects worth 107.6 million manats, implemented in 14 agro parks," said Abdullayev.

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