Most Of Submitted Applications Relate To Industrial Parks In Azerbaijan's Liberated Territories - ADEZ
Date
6/28/2024 5:21:12 AM
(MENAFN- Trend News Agency)
SHUSHA, Azerbaijan, June 28. Most of the
submitted applications relate specifically to industrial parks in
Azerbaijan's liberated territories, as the Chairman of the Board of
the Agency for Development of Economic Zones (ADEZ), Seymur
Adigozalov, said during the event "New Opportunities for
Entrepreneurs: Let's Revive Karabakh Together" in Shusha today,
Trend reports.
"Our department reviews the business plan, assesses the
technical, economic, and financial feasibility of the project, and
provides proper recommendations for improvement. When analyzing
applications for the Aghdam Industrial Park and the Economic Zone
of the Araz Valley Industrial Park, factors such as the impact of
the newly established manufacturing enterprises on the environment
and the use of alternative energy are also taken into account.
In accordance with the economic policy established by the
President of the Republic of Azerbaijan for the liberated
territories, these areas should become a green energy zone," he
explained.
According to Adigozalov, information on land plots is being
optimized in parallel, and the project's compliance with the
industrial park's activities is being checked.
"Each industrial zone in the country is created with
consideration of its specific activities. This is determined based
on geographical location, raw material reserves, traditional
industrial sectors of the region, and other factors," the official
added.
Meanwhile, an event titled "New Opportunities for Entrepreneurs:
Let's Revive Karabakh Together," organized by the Ministry of
Economy of Azerbaijan, is being held in Shusha.
The event focuses on providing businesspeople with investment
opportunities and commercial prospects in the Karabakh and Eastern
Zangazur economic zones, as well as a discussion of the
public-private partnership model.
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