Bank Of Baku

Azerbaijan to build 20 regional granaries

Azerbaijan to build 20 regional granaries
# 17 September 2009 16:02 (UTC +04:00)
Baku. Nijat Mustafayev - APA-ECONOMICS. Azerbaijan’s National Fund for Entrepreneurship Support has picked the companies and entrepreneurs who will be involved in the construction of granaries in regions.

Shirzad Abdullayev, Executive Director of the Fund, said that the granaries with a capacity of 10 tons each will be built in 6 economic regions - Aran, Shirvan, Ganja-Gazakh, Lankaran, Shaki Zakatala-and Upper-Karabakh.

According to him, they approved only 20 of 26 projects suggested.
Accordign to the decision, 9 granaries will be constructed in Aran, 3 - Upper Karabakh and 2 in each of Shirvan, Ganja-Gazakh, Lankaran, Shaki-Zagatala economic areas.

"The total cost of 20 projects is 38.5 million manats, of which 17 million will be allocated by the Fund."
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