Certificates of Investment Projects for 500 Million AZN Issued since March
The Azerbaijani Ministry of Economy has issued certificates for investment projects in the amount of 500 million AZN since March.
The Deputy Economy Minister Niyazi Safarov told reporters 19 more instruments have been issued to encourage investment. Thus, the number of beneficiaries has reached 51, including foreign entrepreneurs.
According to the official, this was made possible thanks to the fact that the ministry has started to implement a transparent and efficient business incentive mechanism.
Recall, the investment promotion certificate has been valid from March 1 this year, after Order No 02 of the Minister of Economy of Azerbaijan Shahin Mustafayev on the approval of the document and the application form to receive it came into force. --17D-
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