(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 18 . The
Entrepreneurship Development Fund, one of the main aims of which is
the promotion of local production, provided a concessional loan to
Azer Jorab LLC, trend reports via the Twitter post of Azerbaijan's
Minister of Economy, Mikayil Jabbarov.
'Within the framework of support measures for the local
production, the Entrepreneurship Development Fund has provided
500,000 manat ($294,117) in concessional loan to Azer Jorab LLC for
the establishment of the factory for manufacturing socks. As a
result of the execution of the project, 40 new jobs will be
created,' said the minister.
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