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Azerbaijan set main directions in industrial development

Business Materials 23 February 2016 19:43 (UTC +04:00)
Azerbaijan has defined the main directions in the industry’s development, Niyazi Safarov, Azerbaijani deputy economy minister, said in Baku Feb. 23.
Azerbaijan set main directions in industrial development

Baku, Azerbaijan, Feb. 23

By Anvar Mammadov - Trend:

Azerbaijan has defined the main directions in the industry's development, Niyazi Safarov, Azerbaijani deputy economy minister, said in Baku Feb. 23.

He made the remarks at a conference titled "State Support for Development of the Industry."

"This development is based on a rational use of natural resources, creation of technological chains until the output of final goods, modernization and innovation, increasing competitive industrial production volumes, as well as expanding non-oil export," he said.

Safarov also said comprehensive measures are being taken in the country.

He added that these measures are aimed at the growth in economic activity, promotion of non-oil export and increasing investments made in the economy through domestic and foreign sources.

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