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New industrial zones may appear in Azerbaijan (UPDATE)

Business Materials 15 February 2018 15:32 (UTC +04:00)
Azerbaijan’s Economy Ministry will prepare proposals on further increasing the number of industrial zones in the country, Deputy Economy Minister Niyazi Safarov told reporters in Baku Feb. 15.

Details added (first version posted on 13:25)

Baku, Azerbaijan, Feb. 15

By Anvar Mammadov - Trend:

Azerbaijan’s Economy Ministry will prepare proposals on further increasing the number of industrial zones in the country, Deputy Economy Minister Niyazi Safarov told reporters in Baku Feb. 15.

He said the ministry is studying Azerbaijan’s districts that have the potential for creation of industrial zones.

“As is known, five industrial parks and four industrial zones have been created in Azerbaijan over the past years,” Safarov said. “The work to create new industrial zones continues.”

He added that the districts, where industrial zones are to be created, will become known after the study is completed.

Presently, Azerbaijan has five industrial parks - the Sumgait Chemical Industrial Park, industrial parks in Garadagh, Balakhani, Mingachevir and Pirallahi settlements - as well as Neftchala, Sabirabad, Hajigabul and Masalli industrial zones.

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