Business priorities in Ganja
The National Entrepreneurship Support Fund (NESF) has identified priority areas for lending to businesses in Ganja.
As stated in the declaration of the Fund, it is considered appropriate lending local projects dedicated to "green stores", a modern logistics center, a greenhouse complex and small enterprises for the production of plastic windows and doors.
"Entrepreneurs operating in Ganja can submit the authorized credit organizations of the Fund their projects in these areas. They can also get consultation at the Fund. Thus on the basis of the wishes of entrepreneurs, NFES can provide a loan of up to 100% of the project cost," says the ad.
NESF was established in 1992. Agents of the Fund for loans are 46 bank and non-bank credit organizations. In 2013, the Fund disbursed subsidized loans for 275 million manat. In 2014 the Fund plans to extend credit, in the amount of 280 million manat. --17D-
Economics
-
The State Oil Company of Azerbaijan (SOCAR) and Subsea7, a global leader in offshore engineering and construction, are exploring further collaboration on new projects in the Azerbaijani sector of the Caspian Sea. During a meeting between SOCAR President Rovshan Najaf and Subsea7 CEO John Evans, the two sides discussed the potential for Subsea7’s technological innovations to play a role in upcoming ventures. They also considered other areas of mutual interest for both companies.
-
According to the State Customs Committee and the State Statistics Committee, Azerbaijan saw a significant increase in meat imports during the first nine months of 2024, amid more modest growth in domestic production.
-
The event "Sustainable Transport of the Future" is being held in Baku on Wednesday, organized with the support of Azerbaijan Railways CJSC, aimed at promoting the concepts of sustainable transport that minimizes environmental impact. The event highlights environmentally friendly transportation options, such as walking, cycling, green public transport systems, and eco-friendly vehicles, all contributing to the reduction of greenhouse gas emissions.
-
On October 23, 2024, the 3rd Conference of Energy Ministers within the framework of the "One Belt, One Road" (OBOR) initiative opened in Qingdao, China. Energy ministers from around the world gathered to discuss critical issues related to global energy security, the transition to clean energy, and innovations in the sector.
Leave a review