The state-run JSC Irrigation and Water Management Committee signed a contract for the purchase of special equipment (bulldozers, excavators, tractors, etc.), pumping stations, electrical equipment and other facilities to serve irrigation, waterworks.
The tender was held on 35 lots and the winners were 15 companies. Total value of the contract is 32.5 million manat, the report of the State Procurement Agency, in January and February of this year. The main suppliers of the company are LLC "Grand Motors", "Ramma", "AS Texnika", "Kaskad-3", "ART Proje", "Cavidan-N", "Improtex Trucks Buses", JSC "Gidromashservis" Ganja Automobile plant, etc. The number of purchased machinery and equipment not reported. On the corporate website the company is no information on its own fleet of special equipment.
In this year's funding for agriculture JSC "Irrigation and Water Management" has been allocated 233 million manats from the state budget. Besides that, the company receives multimillion dollar allocations for investment projects.
The devastating effects of floods of the river Kura in May 2010 showed how ineffective this structure, despite the huge public funding. From 2005 to 2010 needs, including shore protection and drainage works, and the state of the international financial institutions was allocated $ 1 billion, part of which is missing. - 08B-
Economics
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Azerbaijan’s rice imports have surged as domestic production struggles to meet growing demand, underscoring the country’s reliance on foreign suppliers. Despite government initiatives to boost output, local production remains stagnant, with only 10,000 tons expected in the 2024-2025 season, while imports reached 55,961 tons between January and October 2024.
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Azerbaijan and Pakistan have signaled a growing commitment to deepen energy cooperation, with a focus on renewable energy initiatives, as Azerbaijani Energy Minister Parviz Shahbazov hosted a delegation led by Pakistani Federal Minister Abdul Alim Khan in Baku on January 30.
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Oil from Kazakhstan's largest field, Kashagan, has begun flowing into the Baku-Tbilisi-Ceyhan (BTC) pipeline. According to information from SOCAR, the first batch of this oil was received at the Sangachal terminal on January 27 and will be transported via BTC to the port of Ceyhan.
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Azerbaijan is accelerating the implementation of its socio-economic development strategy, focusing on digital transformation and strengthening cybersecurity. The government is allocating resources to human capital development, prioritizing the training of cybersecurity professionals, said Farid Osmanov, Chairman of the Board of the Innovation and Digital Development Agency, on January 30 during the fourth “Graduation Day” of the Azerbaijan Cybersecurity Center (AKM).
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