BAKU, Azerbaijan, July 11. An additional company, Construction LLC, is now officially a resident of the Aghdam Industrial Park in Azerbaijan, Trend reports.
As per the Economic Zones Development Agency (EZIA), they have a project in the works to start producing metal electric poles for transmitting high voltage electricity at the new enterprise.
With an investment of 2.9 million manat ($1.7 million), the enterprise will give a leg up to 40 people.
The products made will be tailor-made to cater to the demand on the home turf.
Previously, Chairman of the Board of the Economic Zones Development Agency (EZIA) under the Ministry of Economy of Azerbaijan Seymur Adigozalov said during the press conference on the results of activity for 2023 that more than five enterprises (enterprises producing wallpaper, several types of footwear, roofing, pipe and box profiles, ventilation, fire-fighting equipment, and various metal products, etc.) are planned to start working in Aghdam Industrial Park.
The Economic Zones Development Agency was established as a public entity on the basis of Sumgayit Chemical Industrial Park LLC by Decree No. 1257 of the President of the Republic of Azerbaijan Ilham Aliyev "On measures related to the improvement of the management of industrial parks, industrial districts, and agricultural parks" dated January 22, 2021.
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