BAKU/10.09.13/TURAN National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan has started to receive investment projects from owners in priority areas in Gazakh.
As stated in the ministry here will be accepted projects to create a modern bakery, as well as small and medium- growing farms and carpet-weaving business.
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 arranged by 38 authorized banks and non-banking credit organizations. In 2012 the fund to finance 2,400 investment projects allocated 218 million manat. NFES loans in 2013 are forecast at 250 million manats.
Since the beginning of the year for the financing of 3,121 investment projects, there has already been allocated 227.6 million manat. - 15D
Economics
-
On September 6, the State Oil Company of Azerbaijan (SOCAR) has announced a partnership with American oilfield services firm Halliburton to conduct research aimed at reassessing the hydrocarbon potential of the shallow-water section of the Guneşli field.
-
The Food Safety Agency of the Republic of Azerbaijan (AQTA) is advancing its process of incorporating foreign high-risk food and feed production facilities into its official registry, the agency announced on Friday.
-
Azerbaijan’s "Green Energy Zone" Working Group held its latest hybrid meeting to review the implementation of projects within the framework of the country's Social and Economic Development Strategy for 2022–2026, the Ministry of Energy reported on Wednesday.
-
The historic city of Shusha, with its rich cultural heritage, hosted the International Day of Gastronomy on Thursday, a vibrant event organized by the State Tourism Agency, the Shusha City State Reserve, and the National Culinary Center. This event served as a bridge between various cultures and culinary traditions, showcasing the richness of the Islamic world's cuisine through the celebration of the iftar table.
Leave a review