17:52 - 8.05.2019

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May 8, Fineko/abc.az. A business forum has been held in Guba today.

Addressing to the forum, Deputy Economy Minister Sahib Mammadov pointed out that subsidized loans in the amount of AZN 37 million were given 345 entrepreneurs over the past period of 2019 to finance investment projects for totally AZN 98.6 million.

Out of the total number of the given subsidized loans, 65% are directed for the agricultural sector, 35% for the production and processing of industrial goods.

In general, until that time it was given AZN 204.1 million to finance 2,700 investment projects of business entities operating in Guba-Khachmaz economic region.

As part of the business forum, 27 entrepreneurs operating in Guba-Khachmaz economic region received subsidized loans for more than AZN 1.5 million. Implementation of investment projects with the use of those loans will allow creating more than 70 jobs.