NEWS FEED
Zoom
10:33 24 July
10:32 22 July
TOP 5

SOFAZ to spend about $2.5 bn to investment projects next year

Baku. Vahab Rzayev – APA-Economics. In 2014, State Oil Fund is forecasted to invest AZN 1,921.1 mln in investment projects of national importance.

According to the Ministry of Finance, the investment will concern the measures on the social problems of refugees and internally displaced persons, reconstruction of Samur-Absheron irrigation system, establishment of high-speed fiber-optic network allowing access to all residences, financing of Baku-Tbilisi-Kars railroad, as well as construction of TANAP, and etc.

 

 

Related news releases

VİDEO NEWS

PHOTO NEWS

  • Fire in building in Baku extinguished - UPDATED
  • Oil price exceeds $48
+2
EXCHANGE RATE
FOREX
/ 24 July , 2017

USD
1.7012
 
EUR
1.9856
 
RR
0.0286