BAKU, Azerbaijan, October 24. SENSEMI DMCC Arab company received the status of the resident in Sumgait Industrial Park, Trend reports via Economic Zones Development Agency under the Ministry of Economy of Azerbaijan.
SENSEMI DMCC enterprise producing electric meters will be built on the territory of the industrial park with an area of one hectare.
"The enterprise with an investment cost of over 26 million manats ($15.2) will provide 83 people with permanent jobs. Besides selling the products produced at the enterprise in the domestic market, there are also plans to export them," the agency said.
The number of residents of Sumgait Industrial Park reached 32.