National Fund for Entrepreneurship Support (NFES) in 2010-2012 allocated preferential loans worth 67.3 million manat for projects in the poultry sector. With this sum is implemented 35 projects.
According to the Fund, the total cost of specific projects funded since its inception is 126.9 million manat. Design capacity of enterprises funded by NFES, is 42.9 thousand tons of poultry meat and 154.9 million eggs.
According to the fund at the beginning of 2013 they already put into operation 23 poultry farms (funded by NFES) an annual capacity of 27.3 million tons of poultry meat and 144.9 million eggs. Another 12 households are currently at the stage of creation, and their annual capacity will reach 15.6 thousand tons of poultry meat and 10 million eggs.
NFES was established in 1992. In 2012, the Fund disbursed subsidized loans for AZN 218 million. In 2013 the fund plans to issue loans to entrepreneurs in the total amount of 250 million manat. - 17D-
Economics
-
BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
-
SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
Leave a review