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State Committee on State Property Management Holds Investment Competition

Business Materials 25 July 2007 16:07 (UTC +04:00)

Azerbaijan, Baku / Trend corr U. Ismayilova / The State Committee on State Property Management held an investment competition for the stock of Calilabad Sarab 2 OJSC.

The participants of the competition faced the following tasks: attraction of investments and modern technologies, drawing of local farmers to work on improvement of production of wine and grapes, opening of new jobs, and social security of employees.

Under the investment program, the winner of the competition must invest AZN 2.5mln into the enterprise within eighteen months and transfer AZN 50,000 to the public budget.

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