home . news & publications . Investment News . SOFAZ to Spend About $2.5 Billion on Investment Projects Next Year

SOFAZ to Spend About $2.5 Billion on Investment Projects Next Year

In 2014, State Oil Fund is forecasted to invest AZN 1,921.1 million into investment projects of national importance.

According to the Ministry of Finance, the investment will concern the measures on the social problems of refugees and internally displaced persons, reconstruction of Samur-Absheron irrigation system, establishment of high-speed fiber-optic network allowing access to all residences, financing of Baku-Tbilisi-Kars railroad, as well as construction of TANAP, and etc.

Source: APA

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