Analysis and evaluation of the economic efficiency of investment projects is one of the difficult problems in the economy, production and management. Its complexity is specified, on the one hand, the presence of uncertainty, because when problem solving on investments always it is necessary to anticipate the future, and the other – the presence of set of knowingly conflicting criteria that are both quantitative and qualitative nature. The paper proposes an approach to assessing the regional significance of investment projects claiming to receive budgetary allocations from the National Investment Fund for the Support of Entrepreneurship in Azerbaijan. This approach is based on a verbal model, which is implemented through the use of a fuzzy inference system on the example of six real alternative investment projects.

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