OREANDA-NEWS. October 19, 2009. Azerbaijan Investment Company (AIC) is ongoing work over five new projects.

AIC executive director Afgan Isayev says that two of them relate to agriculture and three others to industrial sector.

“Now we are conducting thorough analysis of the projects and the final investment decision will be made after the analysis. One of the projects is quite large and without it the overall cost of the four rest ones totals AZN 100 million. The projects are to be approved within the next six months,” he said.

Isayev says that currently AIC has at disposal free financial resources for AZN 48 million. Its charter capital is AZN 90 million.