Azerbaijan seeks up to $5 million for sweets project


In particular, Ganja confectionery plant (Gəncə Qənnadi OJSC) has presented project New Chinar, designed for making of a new assortment of products and sweets under traditional brand name Chinar.

Within the project the biggest confectionery factory in the Caucasus wants to upgrade equipment. This requires $4-5 million of investment, and the form of investor’s participation can be discussed. The project can be implemented for one year, and it will pay for itself within 5 years. The factory owner company already has a feasibility study of the project.

Source: news.az

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