Today.Az » Business » EBRD eyes $220 million for Azerbaijan's non-oil sector
18 February 2010 [17:45] - Today.Az
The European Bank for Reconstruction and Development is planning to fund $220 million worth of 12 projects in Azerbaijan in the fields of natural resources, telecommunication, agriculture and finance.
The EBRD places high priority on non-oil sector including agriculture.
The EBRD extended $260 million to realize 9 projects in 2009 in Azerbaijan.
EBRD President Thomas Mirow is expected to start his South Caucasus tour with Azerbaijan to discuss the bank`s future operations in the country.
/AzerTac/
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