Release date: 8 November 2007
BP on behalf of its co-venturers in Azeri-Chirag-Guneshli (ACG), Baku-Tbilisi-Ceyhan (BTC), Shah Deniz (SD), and South Caucasus Pipeline (SCP) projects is pleased to announce the award of major grants in support of an Economic Opportunities Programme (EcOP) for the Baku region. The programme is aimed at supporting enterprise development and job-creation by providing access to high quality training and micro-credit opportunities.
The EcOP is designed to support communities following the demobilization of our major construction projects. It builds on the sustainable social and economic development opportunities offered to communities along and around BP-operated facilities during the construction phase. This new initiative will target communities along the ‘Baku corridor’ from the Sangachal terminal to districts beyond the Zykh construction yard, where the Shah Deniz platform was built.
The programme covers the Xatai, Sabayil and Garadagh districts of Baku and directly involves at least 17 communities including those in the Sangachal, Umid, Sahil, Shikh, Bibi-Heybat, Bayil and 20-ci Sahe settlements, as well as the individual communities Etimad, Ugur, Ulduz, Nargila, Hagigat, Sama, Dogru Yol, Inam, Tokhuju, and Birlik.
The EcOP consists of four projects forming an integrated community development tool in which each project supports and complements the others.
Following a competitive selection process, grants to the total amount of about one million dollars have been awarded to the following partners for implementation of the four sub-programmes.
Tamam Bayatly, BP Baku Press office, telephone: +994 12 599 4557