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Azerbaijan talks applications received by SMB Development Agency on creating business in liberated lands

Business 24 January 2022 19:30 (UTC +04:00)
Azerbaijan talks applications received by SMB Development Agency on creating business in liberated lands

BAKU, Azerbaijan, Jan. 24

By Sadraddin Aghjayev – Trend:

The Agency for Small and Medium Business Development of the Republic of Azerbaijan received 945 applications from enterprises in 2021 to create a business in the liberated territories, Chairman of the Board of the Agency Orkhan Mammadov said at a press conference on the results of 2021, Trend reports.

According to him, 446 of these appeals are related to investment projects, and 499 – to works and services in various areas.

"Some 27 percent of the appeals are connected with the construction work, trade, and service sector, 21 percent – with industry, 18 percent – with agriculture, and seven percent – with tourism, healthcare and education," Mammadov said.

The head of the board also noted that the liberated lands have high potential for the development of tourism, agriculture and other fields.

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