Baku, Azerbaijan, Aug. 29
President of the Republic of Azerbaijan Ilham Aliyev attended the opening of a garment factory in Horadiz.
The president was informed about the conditions were created in the factory. The fact that the factory has state-of-the-art equipment and devices, paves the way for the manufacture of high quality products.
School and military uniform will be produced at the facility at the initial stage. The products will be aimed at domestic market. The factory will initially have an estimated annual turnover of 2 million manats. The facility has created up to 100 jobs, and special attention will be paid to increase that number in the near future.
All this is a strong signal of the fact that Azerbaijan`s policy to develop the non-oil sector pursued under President Aliyev has already yielded tangible results. This also demonstrates that the dependence of Azerbaijan`s economy on oil is gradually lessening and the creation of new production areas makes the country`s economy more powerful.