Azerbaijan shares data on number of residents in Aghdam Industrial Park (UPDATE)

Economy Materials 1 February 2023 15:23 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, February 1. A total of 12 business entities were granted resident status in Azerbaijan's Agdam Industrial Park, and 3 entrepreneurs were granted non-resident status, said Chairman of Azerbaijan's Economic Zones Development Agency Elshad Nuriyev at the press conference on results of 2022, Trend reports.

According to him, residents will invest more than 66 million manat ($38.8 million) in the industrial park and create more than 800 jobs. The first enterprises in the industrial park are more likely to start operating at the end of 2023.

A total of 28 business entities obtained resident status in industrial zones administered by Azerbaijan's Economic Zones Development Agency under the Ministry of Economy in 2022. In general, as many as 116 business entities have resident status in industrial zones.