There is significant interest in the creation of investment funds in Azerbaijan, Trend cites the State Capital Issues Committee’s deputy chairman Ilgar Muradov as saying.
"Several world-known international organizations have already appealed to the committee to create investment funds in the country," Muradov said.
He said that at present, a normative legal framework in this sphere has been formed. In the near future the process of forming investment funds based on appeals will begin.
The law on investment funds was adopted by the Azerbaijani parliament on October 22, 2010.
