Yesterday the Heydar Aliyev Center hosted a conference on the results of the first year of the "State program of socio-economic development of the Republic of Azerbaijan in 2014-2018 years". At the event, the Minister of Economy and Industry Shahin Mustafayev announced the total amount of investments in the development of the regions at the level of 4.5 billion manat.
According to him, during this period 72 orders were signed on this, under which 270 million AZN was allocated for infrastructure projects, including the modernization of road transport, energy infrastructure, gas and water. The minister did not tell about the effectiveness of the work, limiting it to the statement of the numbers.
In particular, there was construction and reconstruction of rural roads totaling 1,300 kilometers connecting 597 settlements with a population of 960 thousand people. There were launched five power plants and power lines with length of 3 thousand km, 614 transformers, 20 substations, and a gas pipelines with length of 1,450 km.
The Minister informed that in the past year 4.4 thousand companies started to work in the regions, with tax revenues to the state budget of the region increased by 9.8%. --17D-
Economics
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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