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Aghdam Industrial Park in Azerbaijan to house LED lighting enterprise

Economy Materials 16 August 2024 15:40 (UTC +04:00)
Farid Zohrabov
Farid Zohrabov
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BAKU, Azerbaijan, August 16. LEDLINE LLC, a resident of the Aghdam Industrial Park in Azerbaijan, will build an enterprise for the production of LED lights on one hectare of the industrial park, the country's Economic Zones Development Agency told Trend.

The project, with a price tag of 4.5 million manat ($2.6 million), aims to give 44 people a job for life.

Production at the business will center on satisfying customers in the home market.

To note, Aghdam Industrial Park was established by Decree No. 1347 dated May 28, 2021, of the President of the Republic of Azerbaijan.

The park is sitting pretty on a whopping 190 hectares, with a hefty investment volume of $115 million, and a cool 1,700 workplaces to boot.

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