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Azerbaijan’s AIC announces time of completing construction of agro-industrial complex

Business Materials 15 April 2019 21:52 (UTC +04:00)

Baku, Azerbaijan, April 15

By Matanat Nasibova – Trend:

Azerbaijan Industrial Corporation (AIC) plans to complete the construction of a warehouse for storing glass containers during the second quarter of this year, Trend reports referring to information provided by the AIC.

The construction of the warehouse began in October 2018.

"The internal area of ​​the single-storey storage is 7,855.46 square meters, while its total volume is 6,6126.00 cubic meters. According to preliminary calculations, it is planned to temporarily store about 9 million units of ordinary ware in the warehouse. The warehouse meets modern requirements for the storage of products. Ventilation and fire protection systems are installed here, and convenient access to warehouses and cargo loading has been created," the report says.

APK Glass LLC operates under the Azerbaijan Industrial Corporation CJSC.

Azerbaijan Industrial Corporation OJSC was established by the decree of the President of Azerbaijan Ilham Aliyev dated November 6, 2017.

AIC was created to increase the efficiency of state property management, create a reporting and control system based on corporate governance principles, create profitable cooperative ties between state-owned enterprises, and grow along the value chain in connection with the application of presidential decree on strategic roadmaps on the national economy and main sectors of the economy dated December 6, 2016.

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