The company targeted to invest approximately $100m in Baku, and $40m in Sumgayit and northern region of Azerbaijan. At present the company is ready to invest $154m in 2006-2007, Huseyn Arabul, the President of the company, told Trend.

The head of the company said that they plan to attract credit for this respect. However, he proposed to include the interests of the loan in the company’s obligations. "No state guarantee is required for the loan," he underlined.