BAKU, Azerbaijan, October 29. Birlik Deri LLC, backed by Turkish capital, has hit the ground running by securing its status as a resident of Aghdam Industrial Park, which falls under the watchful eye of the Agency for Development of Economic Zones, and this brings the total number of residents to a neat 28, adding another feather to the cap of the park, Trend reports via the Ministry of Economy of Azerbaijan.
According to the information, the company is set to roll up its sleeves and kick off a project focused on the production of leather goods in the industrial park. Over 250 fresh job opportunities will spring up from this project, with an investment price tag of 20.8 million manat ($12.2 million).
Furthermore, it was observed that the products, crafted at the enterprise using cutting-edge technologies from countries like Italy, Türkiye, and South Korea, will be hitting the domestic market and making waves overseas as well.
To note, a total of 28 business entities, with an investment volume of 260 million manat ($152.9 million), have received resident status in Aghdam Industrial Park, while four have obtained non-resident status. These 32 business entities expect to establish approximately 2,300 jobs in the industrial park.
Residents have thus far invested about 92 million manat ($54.1 million) in the industrial park, resulting in the creation of more than 370 jobs.
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