Priorities for businesses in the Khazar district of the capital are mainly in the agricultural area.
According to the announcement of the National Fund for Entrepreneurship Support (NFES), it considers appropriate crediting of projects of greenhouses, enterprises for the production of facing stone, meat cutting and plastic containers, as well as farms for the cultivation of olives and grapes in the greenhouse conditions.
With such projects people may apply to credit institutions authorized by the Fund, as well as for the appropriate counseling. They can even count on a loan of up to 100% of the project cost.
NFES was established in 1992. Its agents in the issuance of loans are 57 banks and non-bank credit organizations.
Last year, through the NFES local entrepreneurs received 295 million manats. In absolute terms, 80% of the funds were received by large farms controlled by monopolists. --17D-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review