The National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan has started to receive from the owners investment projects in priority areas in Yardymly .
As stated in the ministry here will be accepted projects to create a modern family farm for 50 dairy cattle head, as well as intensive horticultural and vegetable farms, bee farms , including enterprises producing honey by an industrial method, and also wild fruit processing plants.
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 started active lending in 2002. Issuance of loans to entrepreneurs is arranged by 38 authorized banks and non-banking credit organizations. In 2013, the Fund for the financing of 4,500 investment projects allocated 275 million manat. NFES loans in 2014 are projected at 280 million manat, of which 150 million manat comes from the state budget , and the rest will be provided by the return of credits. - 15D -
Economics
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Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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