Barmek Azerbaijan, the energy distributing company, is ready to implement 10-year investment program in 2 years, Huseyn Arabul, the President of the company, told Trend.
The company targeted to invest approximately $100m in Baku, and $40m in Sumgayit and northern region of Azerbaijan. At present the company is ready to invest $154m in 2006-2007.
The head of the company said that they plan to attract credit for this respect. However, he proposed to include the interests of the loan in the companys obligations. No state guarantee is required for the loan, he underlined.