Azerbaijan, Baku, Apr. 3 / Trend N.Ismayilova /
The National Fund for Entrepreneurship Support (NFES) under the Azerbaijani Economic Development Ministry has received 8 investment projects from business entities to construct stock-breeding complexes for a bull or dairy cow under the state program to ensure reliability of population with food for 2008-2015, NFES Executive Director Shirzad Abdullayev said today.
"Six proposals received from entrepreneurs of the Aran region and one from the Ganja-Gazakh and Upper-Karabakh regions, and the projects' cost varies from 200,000 to 5 million manat," he said.
The NFES will launch the initial monitoring of these projects, the study of existing infrastructure in enterprises and potential of employers next week, he added.
The investment competition requires the followings: инвестиционный проект должен The investment competition requires the followings: an investment project should include the establishment of a bull-breeding complex for dairy cattle for at least 100 head, the area chosen for the construction of the production facility must have the best infrastructure, livestock complex must be equipped with technology that meets international standards and equipped with laboratories, which meet modern standards. Crop area should be allocated to meet the demand for food and held talks with the food producers. A bull or dairy cattle must be suitable to the climatic conditions and have high productivity.
The investment project must be implemented in the optimum time. The ongoing activities, including construction and installation work, connection to telecommunication lines, must be consistent with the certain governmental structures. At least 30 percent of the investment project should be financed by own funds of the commercial entities.
The Azerbaijan Investment Company or its subsidiaries also may finance the investment projects on the basis of agreement between the parties.
Winner of the investment competition will be announced at 12:00Apr.15, 2010.
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