12:42 - 22.12.2025

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December 22, Fineko/abc.az. Over Jan-Nov 2025, the Entrepreneurship Development Fund under the Ministry of Economy of the Nakhchivan Autonomous Republic gave 12.7 million manats of concessional loans to finance 135 investment projects.

ABC.AZ informs that compared with Jan-Nov 2024, the number of projects increased 5.4-fold, and the amount of preferential loans 4.6-fold.

As a result of this support, 350 new jobs are to be created.

Of the total loans given in 11 months, 72.6% accounted for industry, 17% for agriculture and 10.4% for services. The share of business entities operating in the regions made up 93.3% of the funded projects and 69.8% of the total amount of concessional loans given.