The desired businesses in the Absheron region have been specified.
As stated in the declaration of the National Fund for Entrepreneurship Support (NFES), it will consider advantageous projects to create enterprises for the production of decorative stone, roofing, plastic utensils, modern greenhouses and plastic bags.
Holders of such documented 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.
NESF at the Ministry of Economy and Industry was founded in 1992. It has 60 agents represented by banks and micro-finance organizations. Last year, 295 million AZN was allocated to entrepreneurs. The allocation of 220 million manat is planned this year. --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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