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Residents to put money into Aghdam Industrial Park – Financial Zones Improvement Company



SHUSHA, Azerbaijan, September 16. Residents are
anticipated to speculate greater than 50 million manat ($29.4 million) in
Aghdam Industrial Park and create greater than 1,000 jobs, Chairman of
the Financial Zones Improvement Company Elshad Nuriyev stated throughout a
particular session on “Funding alternatives in Karabakh and
Japanese Zangazur financial areas”, Development experiences.

Based on him, a complete of 108 enterprise entities acquired the
standing of residents of the economic zones of Azerbaijan, of which
70 are already working.

“Greater than 10,000 folks have been supplied with everlasting jobs
within the industrial zones. As well as, within the first half of 2022,
items value 1.3 billion manat ($764 million) have been produced within the
industrial zones. These merchandise are exported to the US, Asia,
Africa, Europe and the CIS nations, in whole to greater than 50
nations of the world,” Nuriyev stated.

He confused that to be able to restore and revive Karabakh and
develop its industrial potential, Aghdam Industrial Park and Aras
Valley financial zone have been created in accordance with the related
decrees of the president of Azerbaijan.

“Aghdam Industrial Park was established on Might 28, 2021 and
covers an space of 190 hectares. At the moment, 9 residents are
registered there. These residents are anticipated to speculate greater than
50 million manat ($29.4 million) within the industrial park and create
greater than 1,000 jobs,” Nuriyev stated.

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