State Investment Company submitted first projects to president Economic Development Minister
Azerbaijan Investment Company OAO, established upon Azeri presidents decree В"addition measures for investment activity encouragementВ" dated March 30, has been registered in Azeri Ministry of Justice.
В"Investment company institution process is speeding up, as directed by President June 7В", - reportedly said Heydar Babayev, Minister of Economic Development and chairman of Advisory Council of the company.
Ministries of Economic Development and Finances turn in new projects to get financed through said investment company. Minister said these projects are executed within State Investment program.