Bank Of Baku

Azerbaijan to borrow loan from IDB for establishment of large agrarian complexes

Azerbaijan to borrow loan from IDB for establishment of large agrarian complexes
# 04 April 2011 12:20 (UTC +04:00)
Deputy Chairman of Melioration & Water Economy OJSC Mammadsadig Guliyev says the talks are about $ 100-150 mln: “Preparatory works for talks are being conducted and the exact sum will be determined after talks”.

Several areas have also been determined for agrarian complexes. Agriculture Ministry’s spokesman Gurbanali Huseynov noted that, these complexes are firstly planned to be constructed in Sabirabadm Saatli and BIlasuvar regions. 91.5 thousand ha land has been selected for these purposes.
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THE OPERATION IS BEING PERFORMED