Baku, Azerbaijan, Apr.29
By Anvar Mammadov - Trend:
The work on the project for creating the infrastructure of Azerbaijan's Sumgait Chemical Industrial Park will be completed by late 2016, Azerbaijan's Deputy Economy Minister Niyazi Safarov said Apr.29.
He made the remarks during the presentation of the park's new resident MST Engineering.
Currently, the construction of the SOCAR Polymer plant, which is the largest part of the project's second stage, is underway, said the deputy minister.
The work on attracting residents to the chemical industrial park continues and several more companies will receive the status of resident in the near future, according Safarov.
Several companies producing pharmaceuticals, chemicals, fertilizers have already shown interest in operation on the park's territory, he said.
Azerbaijan's President Ilham Aliyev signed a decree to create the Sumgait Chemical Industrial Park in December of 2011. The territory of Sumgait Chemical Industrial Park will be divided into two parts: administrative and social zone and industrial zone.
Overall, the Sumgait Chemical Industrial Park now includes the following residents: Azertexnolayn, SOCAR Polymer, Azerfloat, Azerbaijan Fibro Cement, SIKA company, and Baku Non-Ferrous Metals & Ferroalloys Company.
---
Follow the author on Twitter: @Anvar_Mammadov