The EDTP project was among 12 commended entries in BP’s 2012 Helios Awards from Azerbaijan Georgia Turkey in the Excellence Category for facilitating private sector growth in Azerbaijan. EDTP, during 3 years of the T&M Associates/Azerms partnership, achieved:
- Development of a database of over 1000 local suppliers of goods and services relevant to the oil and gas industry
- Local companies won contracts in the excess of $150 million.
- Local suppliers increased their full time employees by over 500
- Local suppliers increased their investment by ~ $8 million (local supplier investment dollars)
- Demonstrated the value of local development efforts to deliver new business (spill-over effects) in the range of about $25 million that were contracts not with BP,
- A positive ROI in less than 12 months