11:40 - 17.01.2024

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January 17, Fineko/abc.az. In 2023, the Azerbaijan Entrepreneurship Development Fund gave preferential loans for AZN 193.8 million to finance 3,276 investment projects. The total cost of investment projects is AZN 459.9 million.

ABC.AZ reports that Osman Khaliyev, chairman of board of the Entrepreneurship Development Fund under the Ministry of Economy of Azerbaijan, made the above-said statement.

"Thanks to these loans, more than 3,000 new jobs have been created. 46.4% of the given loans were directed for production of agricultural products, 43% for production and processing of industrial products, 5.5% for the service sector, 4.5% for tourism development projects. 72% of concessional loans are directed for the regions, and 28% for the city of Baku and the Absheron Economic Region," Khaliyev said.