SOFAZ to sign MoU with Italian Strategic Fund – EXCLUSIVE

Baku: “The document will provide implementation of several new long-term investment projects”

“Memorandum of Understanding between the State Oil Fund of Azerbaijan (SOFAZ) and Italian Strategic Fund is about to be completed”, Italian Minister of Economy and Finance Pier Carlo Padoan told APA-Economics.

According to him, the document will provide implementation of several new long-term investment projects, as well as cooperation between both Funds.

The document is expected to be signed in September, 2015.

SOURCE: Azeri Press News Agency