The Ministry of Youth and Sports (MYS) has signed a contract with the company ArchiCO for preparation of design and estimate documentation for reconstruction Lenkoran Olympic Sports Center (USC). The complex area of ??9.2 hectares was put into operation in October 2003.
The cost of the contract is 250 000 AZN noted in the register of state-funded procurement contracts, which is maintained by the State Agency on Procurement.
In May of this year at the opening of Gobustan USC the USC Lenkoran sketch was presented to President Ilham Aliyev, who personally opened the complex just before the presidential election in 2003 - 9 October.
It is remarkable that MYS has entered into such an agreement with the same company for the sum of 230 thousand manats for preparation of construction documents for the construction of Tartar USC.
This year, for the implementation of state-funded investment projects in the field of sports activity MYS received 336.4 million manat. This represents approximately 6% of the state's investment portfolio for the current year. Among the projects of construction of USC there are those in the Gakh, Neftchala, Aghjabadi, Geygel, Khachmaz, Absheron and Geranboy areas.
To date, the Olympic sports complexes operate in 30 locations across the country. - 08B -
Economics
-
Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
-
The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
-
Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
-
In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
Rəy yaz