The tender procedure, after which the construction contractor for the Neftchala industrial quarter (the first one in Azerbaijan) was determined, has been completed. According to the customer (JSC Azerbaijan Investment Company), the construction work is entrusted to LLC M-Naf, which won the tender.
This is not the first success of a limited liability company - before it received an order for laying roads in the territory of the Sumgayit industrial park at a cost to the customer (again AIC) at 47 million manats.
The tender procedure is completed on September 2. Earlier - 6 April, MDM Ltd. signed a contract for development of design estimates in the framework of the industrial design of the Neftchala district.
The industrial park will be located on 10 hectares, and AIC will be its organizer and regulator. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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