AzPromo holds seminar on procurement procedures
Baku, November 24 (AZERTAC). The Azerbaijan Export and Investment Promotion Foundation (AzPromo) together with the World Bank held the awareness seminar on World Bank procurement procedures.
Speaking in the event AzPromo`s President Adil Mammadov briefed the participants on mission and activity of the Foundation.
WB Baku Office representative Saida Bagirli spoke of the aim of the seminar.
Attending the event WB expert Deepal Fernando touched on the procurement procedures, WB-financed projects in CIS, Europe and Central Asian regions, and other issues.
The seminar was attended by WB representatives and 70 businessmen.
AzPromo is a joint Public Private Initiative, established by the Ministry of Economic Development in 2003 aims to increase non-oil FDI inflow in Azerbaijan as well as to stimulate strengthening and expansion of the country's non-oil export capacities.
AzPromo is the unique body in Azerbaijan that serves as a "one-stop-shop" for international investors and has good knowledge of investment opportunities and market features of the country. Close cooperation with private sector allows the organization to act both as an advisor and agent of Government in implementation of new business initiatives. Organization`s mission is to sustain economic growth by maximizing the flow of non-oil extraction FDI and development of export oriented sectors.
Other news in this section
