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EBRD evinces interest of investing in textile sector

29 Sep '09
1 min read

The Head of the Baku-resident office of the European Bank for Reconstruction & Development (EBRD) recently visited city of Ganja and evinced interest in investing in the textile sector.

Following a meeting with the provincial head of Ganja Province, he mentioned about the plans of EBRD to invest in the Ganja Textile OJSC.

He said that they were in Ganja to familiarize themselves with the economic climate of Ganja as well as to discuss about potential investments in the textile mill.

He also said that, currently the EBRD was in the process of assessment of its projects in the country for renewal of its operations strategy on Azerbaijan.

Fibre2fashion News Desk - India

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