The self-employment program covered 6,000 families in Azerbaijan in 2018, which were provided with the assets to create small and medium-sized enterprises, Minister of Labor and Social Protection of Population Sahil Babayev said. Babayev made the remarks in Baku at the meeting related to the socio-economic sphere and chaired by President of Azerbaijan Ilham Aliyev.…
The Research Institute of Vegetable Growing under the Azerbaijani Ministry of Agriculture conducts extensive research and practical work on the production of potato seeds. Seeds of national potato varieties are grown in the sown areas of the experimental Saritala station in Tovuz region, along with the base of the research institute in neighboring Shamkir. The…
The Entrepreneurship Development Fund under the Azerbaijani Ministry of Economy and the Turkish Small and Medium Enterprises Development Organization have signed a memorandum on cooperation and exchange of experience in the field of entrepreneurship. The document was signed at the conference entitled “Concessional financial state support in the development of innovative entrepreneurship” held in Baku.…
For the first time, Azerbaijan’s Aghjabadi district has launched the production of Adasa 16 hybrid corn seeds. Parental lines of maize were planted on a plot of three hectares (maternal line ADK 455 and paternal line Cukurova 96/25) in order to obtain the Adasa 16 hybrid. The oil content of this hybrid is 4.59%, while…
Azerbaijan Railways CJSC is ready to launch passenger transportation via the Baku-Tbilisi-Kars (BTK) route, said Javid Gurbanov, chairman of the Azerbaijan Railways. He said that the new trains were already in Baku. “However, not everything depends on us,” he noted. “It is necessary that both the Georgian and Turkish sides be ready.” He added that…
Azerbaijan exported 1.2 billion kilowatt-hour of electricity in January-June in comparison with 1.1 billion kilowatt-hour in the same period of 2018, the State Customs Committee reported. The cost of electricity exported during the mentioned period amounted to $51.9 million compared to $54.6 million. The main producer of electricity in Azerbaijan is Azerenergy. The capacity of…
The World Bank’s “Azerbaijan Employment Support Project” will help expand the self-employment program, according to the statement made in the Azerbaijani Ministry of Labor and Social Protection of Population during a meeting with the preliminary assessment mission on the WB’s “Azerbaijan Employment Support Project”. Attracting the unemployed to self-employment will provide them with access to…