BAKU, Azerbaijan, January 31. As many as 23
initiatives price 1.7 billion manat ($1 billion) have been
applied over the previous 5 years with the assist of the
Azerbaijan Funding Firm (AIC), the publication of Azerbaijani
Economic system Minister Mikayil Jabbarov on X stated, Development stories.
“Sustainable improvement of the non-oil sector, attraction of
overseas investments on this sphere, and creation of recent enterprises
with the appliance of recent requirements and greatest practices are
among the many major priorities of Azerbaijan. Over the previous 5 years,
23 initiatives within the meals, development, pharmaceutical,
packaging, mining, inexperienced power, and different spheres, together with the
development of 19 new enterprises, have been realized with the
assist of the Azerbaijan Funding Firm. These initiatives, with
a complete price of 1.7 billion manat ($1 billion) , serve to extend
native manufacturing, stimulate the manufacturing of import-substituting
merchandise, and assist employment,” the publication of the minister
reads.