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Amount of investments in Azerbaijan's Balakhani industrial park announced

Business Materials 1 August 2018 11:02 (UTC +04:00)

Baku, Azerbaijan, August 1

By Ilkin Shafiyev - Trend:

The amount of investments in the Balakhani industrial park currently stands at 38.7 million manats, the managing company of the industrial park "Tamiz Shahar" OJSC, told Trend Aug.1.

To date, 670 workplaces have been created on the territory of the industrial park.

The park's residents are 15 companies. The first production site of the industrial park is reserved for the enterprises of such companies as Ekokat, Az Ekol, MET-AK, Foriella, and of the individual entrepreneur Etibar Eminov.

The second production site is reserved for enterprises of Bioropean, Altura-Qrup, Alphapack Azerbaijan, MET-AK, Carboza, Polimer Net Az Company, Friend Group, Oreon Commerce, PROFİX, İnterximservis (two directions of production), and of the individual entrepreneur Tarlan Azimov.

The park is primarily aimed for waste recycling. It produces, in particular, printing products, furniture, fertilizers and feed, plastic products, adhesive tape and activated carbon.

The Balakhani industrial park was created by the decree of the President of Azerbaijan Ilham Aliyev of December 28, 2011.

Follow the author on Twitter: @IlkinShafiyev

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