Sabina Mammadli read more
The number of residents at Azerbaijan's Agdam
Industrial Park has reached 14, Azernews reports.
The Azerbaijani economy minister made the remarks on
his Twitter page.
'The number of residents at Aghdam #IndustrialPark has reached
14, as two more entrepreneurship entities have obtained
residentship. As a result of the implementation of the projects
with a total #investment volume of nearly 36 mln. ₼, more than 130
permanent jobs will be created at two enterprises (Qarabag Steel
LLC, Thermo Natural Azerbaijan LLC),' the minister tweeted .
Azerbaijan has five industrial zones, with the primary goal of
ensuring the long-term development of the non-oil sector, creating
and expanding new production areas in the country through the use
of innovative technologies, and expanding the export map of these
The establishment of industrial parks is one of the areas with a
high potential for innovative economic development. Decrees were
signed to establish the Aghdam Industrial Park (May 28, 2021) and
the Araz Valley Economic Zone (October 4, 2021) in Azerbaijan's
The creation of the Industrial Park is underway under the
general plan in Aghdam. It will be divided into social and
technical zones and will have the food, light industry, services
sectors, and big industrial enterprises. The bases for the sale of
building materials and a park for vehicles will be created in the
Industry Park. It is planned to open enterprises producing building
materials, meat, and dairy factories, establish wine and feed
production, produce and process fertilizers, organize the packing
of agricultural products, and produce canned fruits and
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