Priority instructions of investments of Azerbaijani-Kyrgyz Development Fund named [Exclusive]

BAKU, Azerbaijan, October 15. The Joint
Azerbaijani-Kyrgyz Development Fund with a finances of $25 million
can be implementing investments in precedence tasks for the
founders in Kyrgyzstan by offering loans and credit, the Ministry
of Economy and Commerce of Kyrgyzstan advised Trend.

The ministry famous that the founders will take part in capital
and use of different instruments in relation to enterprise entities registered
and working on the territory of Kyrgyzstan.

“In specific, they’ll take part within the following sectors:
water provide sector; healthcare sector; automotive business;
science, analysis and know-how; fuel industrial advanced; chemical
and petrochemical business; clothes and textile business;
manufacturing business; mining and metallurgical business;
transport; housing building; commerce; entrepreneurship
growth; power advanced; infrastructure growth;
info know-how; growth of tourism,” the ministry
said.

A signing ceremony of Azerbaijani-Kyrgyz paperwork passed off
after the assembly of the First Interstate Council of Azerbaijan and
Kyrgyzstan in an expanded format with the participation of
President of Azerbaijan Ilham Aliyev and President of Kyrgyzstan
Sadyr Japarov.

In specific, an settlement was reached on the institution of
the Joint Azerbaijani-Kyrgyz Development Fund. ‘Agreement on the
institution of the Joint Azerbaijani-Kyrgyz Development Fund’ was
signed by Deputy Prime Minister of Azerbaijan Ali Ahmadov and
Chairman of the Cabinet of Minister of Kyrgyzstan Bakit Torobayev.