Preferential loan of nearly $600,000 allocated for horticulture project in Lankaran

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The Entrepreneurship Development Fund under the Economy Ministry of Azerbaijan provided a preferential loan of 1 million manats ($587,902) for the Lenk Fruit LLC project for the development of horticulture, Report informs, citing the Azerbaijani Economy Minister Mikayil Jabbarov.

 

The minister noted that within the framework of the project, it is planned to grow citrus orchards in Lankaran. The project also contributes to the creation of 30 new jobs.

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