BP-led consortium contributes $2.6 million to social investment projects during the first three-quarters of 2020
During the first three-quarters of 2020, the BP-led consortium active in BP-operated joint ventures contributed $2.6 million to Azerbaijan for social investment projects, according to ‘Azerbaijan in Focus’, reporting AzerTac, following a statement by BP Azerbaijan.
The success of projects in the Caspian region partially depends on the operators’ ability to create tangible benefits for the people of the region. These major social investment activities included educational programmes aimed at enhancing skills and capabilities in local communities, improving access to social infrastructure, supporting local enterprises through provision of access to finance and training, and support for cultural activities and sport, together with providing technical assistance to public institutions.
A BP spokesperson pledged that the BP-led consortium would continue their social investment initiatives in support of local capacity-building and enterprise development throughout Azerbaijan to assist the country in strengthening its economy.