Azerbaijan Tallies Number Of Residents In Its Industrial Zones
Date
11/5/2024 7:13:50 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 5. A total of 27
business entities were granted resident status in industrial zones
under the authority of the Agency for Development of Economic Zones
of Azerbaijan from January through October of this year, Trend reports.
According to the information, 13 of them were registered as
residents of Aghdam Industrial Park, 6 - Araz Valley Economic Zone
Industrial Park, 2 - Sumgayit Chemical Industrial Park, 1 -
Pirallahi Industrial Park, 1 - Hajigabul Industrial Park, 2 -
Masalli Industrial Quarter, 2 - Sabirabad Industrial Quarter.
It is planned to invest a total of more than 213 million manat
($125.2 million) in the industrial zones by registered residents
and create more than 2,600 permanent jobs.
The residents of the industrial zones will produce fiber
concrete and polystyrene concrete blocks, dry building mixes,
electric poles for high voltage power transmission, orthopedic
mattresses and upholstered furniture, base oils with the processing
of motor and industrial oils, leather and leather products, LED
lights, water purification devices, and their spare parts, etc.
To note, at the moment the resident status in the industrial
zones under the authority of the Economic Zones Development Agency
has been assigned to 129 business entities with a volume of
investments of more than 7.82 billion manat ($4.6 billion).
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