Azerbaijan, Baku / Trend corr I. Khalilova / Azerbaijani Investment Company (AIC) will made the final investment-related decision on the project of Davachi Broyler OJSC (chicken-meat producing plant) in the autumn of 2007, according to the Executive Director of AIC, Anar Akhundov, reported.
The memorandum signed between AIC and Davachi Broyler provides for covering of the demand in chicken-meat through extension of local production and application of modern technologies.
According to Akhundov, assessment of the company and the market is underway. Under the agreement, AIC will take a share in the stock of Davachi Broyler. The amount of the share and investments will be defined after the feasibility study of the project is developed and the assessment is completed.