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The Azerbaijani government has the necessary support for domestic production - minister

Business Materials 9 October 2011 11:00 (UTC +04:00)
The Azerbaijani government has all the necessary support for the development of the country's domestic production, said Saturday at a meeting with producers and buyers of industrial products competitive minister of economic development Shahin Mustafayev. The meeting was held in Sumgayit industrial park.
The Azerbaijani government has the necessary support for domestic production - minister

Azerbaijan, Baku, 8 October /Trend, N. Ismayilova/

The Azerbaijani government has all the necessary support for the development of the country's domestic production, said Saturday at a meeting with producers and buyers of industrial products minister of economic development Shahin Mustafayev. The meeting was held in Sumgayit industrial park.

"Today, products made in Sumgayit Technology Park, meets the highest standards of quality and are highly competitive - Mustafayev said. - Our primary goal is to have such a high standard of consistent production of all local producers."

Currently there are 10 enterprises working in Technopark, but by the end of 2012 their number will increase to 14.

The minister said the country planned to set up other industrial parks, which are mainly involved in processing of petrochemical products. Also business incubators and training centers will be opened.

Sumgayit Technology Park (STP) is the largest company engaged in new infrastructure projects in the power of Azerbaijan. In STP, based on modern technology, provides production of electric power and engineering industries with export potential. The industrial park, which will consist of 18 factories will manufacture various range of multi-values ​​- different types of cables, transformers, high voltage equipment, turbines, water pumps, electric motors, pipes and industrial gases.

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