The French Sofreco will implement the TACIS project for the Consultations and Investments Promotion Fund under the Economic Development Ministry.
The Company will aid to the institutional formation of the Consultations and Investments Promotion Fund in accordance with the contract, Asgar Alakbarov, Executive Director of the Coordination bureau of the TACIS, told Trend.
The value of the project comprises 1 billion euros with 950,000 euros for payment of the consultation services and 50,000 euros for purchase of appropriate devices.
The project will start on 2 August 2005, when the Director of the project will arrive in the country. The project will last till December 2006.