JSC Azerbaijan Investment Company (AIC) concluded on October 7 a contract with Rafik Rahimbeyli to provide services for the study of the feasibility of agricultural projects in three areas north of the city of Baku.
A specialist of the department of legal expertise in AIC Ilkin Abdiyev told Turan the company received from the investor proposals for the implementation of joint projects in the Khizi, Siyazan and Shabran regions. Therefore, it became necessary to analyze the prospects of the agricultural sector in these regions.
With regard to the contractor, the AIC noted that Rafik Urfat Rahimbeyli is a consultant to the Ministry of Agriculture on a contractual basis. He is PhD in Biology, Associate Professor, and has additional education in the Azerbaijan State Agrarian University on agrochemicals.
Agricultural research will be carried out within six months, and Professor Rafik Rahimbeyli will receive from AIC about 15 thousand mantas for that.
JSC Azerbaijan Investment Company was established in 2006 by 160 million manats of the State Oil Fund. AIC has a stake in several companies at no more than 25%. -----08B
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