SHUSHA, Azerbaijan, June 28. An event titled "New Opportunities for Entrepreneurs: Let’s Revive Karabakh Together" organized by the Ministry of Economy of Azerbaijan, has started in Shusha, Trend reports.
The event focuses on providing businesspeople with investment opportunities and commercial prospects in the Karabakh and Eastern Zangezur economic zones, as well as a discussion of the public-private partnership model.
Addressing the participants, Azerbaijani Economy Minister Mikayil Jabbarov noted that the country is implementing various initiatives to create the best conditions for entrepreneurs to do business. " Residents of industrial parks in exempted territories will receive significant tax benefits: for 10 years they are exempted from profit, property, and land tax, starting from the moment of registration. The state will create the necessary infrastructure, including providing electricity, natural gas, potable and technical water, and high-speed Internet".
Jabbarov also added that thousands of job places have been already been created in the liberated territories of Azerbaijan, most of which belong to the private sector.
Then, Special Representative of the President of Azerbaijan in the Aghdam, Fuzuli, and Khojavand Districts, Emin Huseynov spoke about Azerbaijan's restoration efforts in the liberated territories.
"Today we stand on the threshold of great changes and the restoration of our historical lands. Karabakh, after many years of occupation, is once again becoming part of our common home. We see Fuzuli, Aghdam, and many other areas gradually returning to life. People are returning to their homes, and the and the construction of schools and other public facilities begins. For example, more than 3,132 people already live in Fuzuli, and 450 students are studying in the new school endowed to us by Uzbekistan," he said.
Huseynov added that the work on restoration of key infrastructure facilities has started in Fuzuli, the second most important district in the country. "Special attention is paid to the use of innovative technologies and environmentally friendly materials. For example, we actively use recycled construction materials, which not only reduces costs but also contributes to environmental protection. We plan to apply this approach in other districts in the future".
The event is being attended by the Minister of Economy of Azerbaijan Mikayil Jabbarov, the Special Representative of the President of Azerbaijan in the Aghdam, Fuzuli, and Khojavand Districts Emin Huseynov, the Special Representative of the President of Azerbaijan in the Jabrayil, Gubadli, and Zangilan Districts Vahid Hajiyev, the Special Representative of the President of the Republic of Azerbaijan in the Shusha district Aydin Karimov, the Special Representative of the President of Azerbaijan in the Lachin District Masim Mammadov, the Special Representative of the President of Azerbaijan in the city of Khankendi, Aghdara, and Khojaly Districts Elchin Yusubov, the Chairman of the Board of the Small and Medium Business Development Agency (KOBIA) of Azerbaijan Orkhan Mammadov, the Chairman of the Board of the Entrepreneurship Development Fund under the Ministry of Economy of Azerbaijan Osman Khaliyev, the Chairman of the Board of the Economic Zones Development Agency (EZDA) Seymur Adigozalov, and others.
The event is featuring panel discussions on the benefits and preferences applied in the liberated territories, other measures of state support, and the role of entrepreneurs in the restoration and economic reintegration of these territories.
Additionally, the entrepreneurs will be presented with investment projects proposed for implementation in these territories, the export potential of products, logistical opportunities, and answers to participants' questions, and G2B (government-to-business) meetings will be held.
During their visit to Karabakh, entrepreneurs have already become acquainted with the conditions created in the Aghdam Industrial Park, the resident enterprises, and the progress of reconstruction and infrastructure efforts being carried out in the cities of Shusha and Khankendi for revitalizing economic activity and ensuring sustainable resettlement.
Will be updated
