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AZPROMO to launch two new investment projects in 2019(Exclusive)

Business Materials 31 October 2018 17:20 (UTC +04:00)
The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) plans to implement two new investment projects.

Baku, Azerbaijan, Oct. 31

By Matanat Nasibova - Trend:

The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) plans to implement two new investment projects, the Acting President of AZPROMO, Yusif Abdullayev told Trend.

The head of AZPROMO said that at the moment, the projects are at the development stage.

"We plan to launch both projects by the beginning of 2019. The projects involve the expansion of schemes of support for the export of Azerbaijani products abroad. The ten export support schemes, plus one scheme for returning a certain amount of investments out of proceeds gained from the export of goods to the country's economy will be introduced for this purpose," Abdullayev said.

The head of AZPROMO noted that the implementation of the projects will last throughout the next year and will be completed by the end of it.

Abdullayev also noted that the export missions are expected to be held, as well as the exhibitions of Azerbaijani products in Duty Free stores and in major trading networks around the world are expected to be organized next year.

"In order to improve the business environment in Azerbaijan, we have carried out serious work in the framework of government programs aimed at attracting investments to the country. We plan to attract completely different companies operating in manufacturing, industry, construction and other sectors to participation in the projects," the head of AZPROMO said.

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