BAKU/20.08.13/TURAN National Fund for Entrepreneurship Support (NFES) under the Ministry of Economic Development of Azerbaijan has started to receive from the owners investment projects in priority areas in the Goranboy.
As stated in the ministry here will be accepted projects to create a modern livestock complex, small and medium-sized greenhouse, cotton, as well as intensive horticulture.
From today, the subjects have the right to apply to the fund by authorized credit institutions, the report said.
NFES was established in 1992 and its active lending began in 2002. Issuance of loans to entrepreneurs is done by 38 authorized banks and non-banking credit organizations. In 2012, for the financing of 2,400 investment projects the Fund allocated 218 million manat. NFES loans in 2013 are forecast at 250 million manats.
Since the beginning of the year to finance 2,753 investment projects they have already been allocated 211.9 million manat. - 15D
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