Establishment of electronic portal for the replacement of imports and supporting the local production will contribute to the development of small and medium-sized enterprises in Azerbaijan, said SOCAR President Rovnag Abdullayev at the signing ceremony of the Memorandum of Understanding on the establishment of an electronic portal for the replacement of imports and local production support between the Center for Analysis of Economic Reforms and Communication, ONA reports.
According to him, new project will open new opportunities for the local companies: “Azerbaijani companies are participating in the big projects. The main task was to involve local companies to participate in the big international projects and we reached that goal. 90 percent of the work is being done by local companies during the realization of the huge energy projects. The creation of the new portal will open big opportunities to the small and medium-sized enterprises and enhance their participation in the projects realized by SOCAR”.