Major Investments Pour Into Azerbaijan's Neftchala Industrial Quarter (PHOTO)
Date
10/29/2024 7:14:50 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 29. Entrepreneurs
have invested a total of 46.1 million manat ($27.1 million) in the
Neftchala Industrial Quarter, with plans to inject an additional
14.4 million manat ($8.4 million) into ongoing projects, Head of
the Press Service at the Agency for Economic Zone Development under
the Ministry of Economy Elchin Kazimov told Trend .
He noted that the industrial quarter has churned out goods worth
more than 180 million manat ($105.8 million) so far, with exports
making up a tidy sum of 1 million manat ($588,000).
"Over the first nine months of 2024, the industrial quarter
generated products worth 30 million manat ($17.6 million).
Currently, residents of the Neftchala Industrial Quarter have
invested 46.2 million manat ($27.1 million), creating around 290
permanent jobs.
The next phase aims to create over 200 additional jobs through
existing projects," Kazimov added.
MENAFN29102024000187011040ID1108828479
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.