Azerbaijani company to construct high-rise buildings in Sumgait
BAKU, Azerbaijan, Dec. 11
By Matanat Nasibova - Trend:
Khazar Inshaat, an Azerbaijani construction company, continues construction of housing estates in Sumgait, Rashad Gurbanov, head of the marketing department of the company, told Trend.
The construction work has just begun in three microdistricts in Sumgait.
"It is about the 6th, 9th, and 10th microdistricts of the city, where active construction of several high-rise buildings is already underway. Currently, more than 20 percent of the work in these microdistricts has been performed," said Gurbanov.
"It is planned to complete the construction of housing estates in June 2020. These are mainly 9-12 floor buildings. The company offers one-, two- and three-room apartments, of the area from 40 to 60 square meters. The cost of one square meter ranges between 1,100-1,200 manat ($647-$706)," Gurbanov added.
Khazar Inshaat has been operating in Azerbaijan since 2003. The company is part of the Kristal Absheron group of companies.
(1 USD = 1.7 AZN on Dec. 11)