Preferences of Business in Northern Region of Azerbaijan
The desired directions of business in the Shabran region have been determined.
As stated in the declaration of the National Fund for Entrepreneurship Support (NFES), projects to create large grain and livestock complex, greenhouses and horticultural farms, as well as the construction of a three-star hotel, will be considered advantageous.
Holders of such written 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 projects.
NFES at the Ministry of Economy and Industry was established in 1992. Its agents are 59 banks and micro-finance organizations. Last year, AZN 295 million was allocated for businesses and the allocation of AZN 250 million is planned for this year. --17D-
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