BAKU, Azerbaijan, Feb. 2
By Nazrin Israfilova -Trend:
Azerbaijan’s Dadash-N LLC and Veliyev LLC received the status of the first residents of the Aghdam Industrial Park on February 1, 2022, the Azerbaijani Agency for the Development of Economic Zones told Trend.
According to the agency, Dadash-N LLC, to be engaged in production of synthetic carpets, will build an enterprise in the park. The project, with an investment cost of 9.5 million manat ($5.6 million), will allow to produce 1.08 million square meters of carpets per year and provide permanent jobs for 60 people.
Veliyev LLC will implement a project for the manufacturing of precast concrete products in the park. Within the framework of the project worth 2.5 million manat ($1.4 million), it’s planned to manufacture 200,000 square meters of reinforced concrete products per year. Permanent jobs for 80 people are expected to be provided.
"The enterprise’s products will be manufactured with Azerbaijani, Turkish technologies, and are oriented for domestic market at first," said the agency.
