The desired directions of business in Lankaran have been determined.
According to the National Entrepreneurship Support Fund (NFES), projects to create specialized "green market", modern farms for vegetable and tea growing, fish farming and small livestock farms will be considered advantageous.
Holders of such documented projects will have priority in consultation with the authorized credit organizations. With a little luck, banks can give them a loan of up to the full cost of the project.
NFES at the Ministry of Economy and Industry was established in 1992. It has 59 banks and micro-finance organizations as agents working with it. Last year, for the needs of business AZN 295 million was allocated. The allocation of AZN 250 million is planned at the end of this year. --17D-
Economics
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Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
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The launch of the Azeri Central East (ACE) platform in Azerbaijan's Caspian Sea shelf marked an important milestone for BP in 2024, said BP CEO Murray O'Kinkloss on February 11, presenting the company's 2024 report.
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Cargo transportation along the Middle Corridor (Trans-Caspian International Transport Route, TMTM) reached a record 3.3 million tons in 2024, marking a 20% increase year-on-year, according to the Secretary General of the International Association "Trans-Caspian International Transport Route" Khaydar Abdikerimov.
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Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
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