11:11 - 5.02.2024

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February 5, Fineko/abc.az. Documents on investment promotion were presented to three entrepreneurs at the Baku House of Small and Medium-Sized Enterprises.

ABC.AZ reports with reference to the Agency for the Development of Small & Medium-sized Businesses (KOBIA) under the Ministry of Economy that a document on investment promotion was given for projects in the field of food production in Gusar, Imishli and Samukhs districts.

These are projects as follows: Preparation & Packaging of Fruit Juices (VVE GROVV LLC), Construction of a Barley Malt Production Plant with the Use of New Technology & Production of High-quality Raw Materials of Barley Malt (Promalt LLC), and Organization of Processing of Various Fruits (Fruit Aqro CJSC).

As a result of the above-said projects, about 20.3 million manats will be invested in local production and more than 60 new jobs will be created.

To date, investment promotion documents have been issued to 588 business projects.