(MENAFN- AzerNews) New residents in Aghdam Industrial Park will create over 130
permanent jobs with AZN36m ($21.2m) investment, Azernews reports, citing Economic Zones
Development Agency (EZDA).
According to the information received from EZDA, In Aghdam
Industrial Park, two more business entities were granted residency
status, and thus the number of residents of the Industrial Park
reached 14.
The new resident - Karabagh Steel LLC will build a factory for
the production of pipe and box profiles with an investment cost of
AZN32.4m ($19.06m) on the 5-hectare area of the Industrial Park.
The enterprise, which will provide permanent jobs to 94 people,
will sell its products to both domestic and foreign markets.
As reported by the agency, another new resident of Aghdam
Industrial Park, Thermo Natural Azerbaijan LLC will produce a
gypsum, exterior plaster, filler, and insulation materials
production plant on the territory of 1 hectare of the Industrial
Park. The enterprise invested AZN3.5m ($2m) and will proved 37
people with permanent jobs. The products of the enterprise will be
sold in domestic and foreign markets as well.
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