The desired business lines in the Salyan region have been determined.
As stated in the declaration of the National Fund for Entrepreneurship Support (NFES), they will consider advantageous projects to create specialized agricultural shops, modern cattle-breeding complexes, grain-growing businesses, growing soybeans, intensive gardening and greenhouses.
Holders of such 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 of Azerbaijan was established in 1992. Its agents are 59 banks and micro-finance organizations. Last year, for the needs of the business it allocated AZN 295 million. It plans to allocate AZN 250 million by the end of this year. --17D-
Economics
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Azerbaijan's Economy Minister Mikayil Jabbarov held discussions with Jérôme Beaumont, Executive Secretary of the Egmont Group, a financial intelligence organization, during the COP29 conference.
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November 16 (Reuters) - Azerbaijan’s Minister of Economy, Mikayil Jabbarov, met with Marco Arcelli, CEO of Saudi Arabia’s ACWA Power, during the COP29 climate summit to review the progress of joint projects in renewable energy.
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Azerbaijan's Minister of Economy, Mikayil Jabbarov, held talks with Heather Evans, Deputy Assistant Secretary for Manufacturing at the U.S. International Trade Administration, focusing on bolstering bilateral ties in energy, trade, and green development.
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The process of securing financing for the construction of the Bilasuvar solar power plant with a capacity of 445 MW and the Neftchala solar power plant with a capacity of 315 MW has been successfully completed.
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