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Another non-resident registered in one of industrial parks of Azerbaijan's Karabakh

Economy Materials 13 March 2023 17:00 (UTC +04:00)
Another non-resident registered in one of industrial parks of Azerbaijan's Karabakh
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, March 13. Another non-resident has been registered in the Aghdam Industrial Park of Azerbaijan's Karabakh Economic Region, Trend reports via the Agency for the Development of Economic Zones of Azerbaijan.

In particular, Kontakt Kaspi LLC has obtained the status of a non-resident. The company is going to establish an enterprise for reinforced concrete production.

Thus, 12 business entities are registered in the Aghdam Industrial Park as residents and 4 as non-residents.

In another industrial park, the Araz Valley Economic Zone Industrial Park (Eastern Zangazur Economic Region), two business entities have the status of a resident, and one - non-resident.

As of February 10, the investment cost of projects of residents from economic zones on Azerbaijan’s liberated lands is 84 million manat ($49.4 million). The Aghdam Industrial Park’s residents invested 66 million manat ($38.8 million) in their enterprises, while residents of the Araz Valley Economic Zone invested 18 million manat ($10.58 million).

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