President of Azerbaijan Attends Opening of Spinning Factory and International Trade Center in Baku
Azerbaijan, Baku, 9 February / Trend / On 8 February, the President of Azerbaijan, Ilham Aliyev, attended opening of the Spinning Factory and International Trade Center in Baku. The Spinning Factory with production capacity of 7.000 tons of fiber per year was built by "MKT Production and Commerce" LTD in late 2007 and has been equipped by up-to-date technology purchased in Switzerland. Investments into the construction of the factory with 125 employees made up 14 million AZN. As stated, 11.5 million AZN was spent to construction of the International Trade Center with 8600 swm area. The Center with staff of 120 people includes business center, hotel and two restaurants.