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Joint industrial park between Azerbaijan and Iran to contribute to development of region

Business Materials 21 September 2020 17:26 (UTC +04:00)
Joint industrial park between Azerbaijan and Iran to contribute to development of region

BAKU, Azerbaijan, September 21

By Elnur Baghishov – Trend:

The establishment of a joint industrial park between Azerbaijan and Iran will lead to the industrial development of the region, Executive Director of the Industrial Parks Company of Ardabil Province, Mohammad Ahli told reporters, Trend reports citing Fars news agency.

The director noted that a joint industrial park between Azerbaijan and Iran will be established in Tazeh Kand district of Parsabad county.

Ahli added that the establishment of a joint industrial park will open a new page in the development of relations between Azerbaijan and Iran.

"The use of the border position of Ardabil Province can play an important role in increasing exports to the neighboring countries," he said.

According to him, the territory of the park which is established within the visit of Deputy Minister of Industry, Mine and Trade and Executive Director of the Iran Small Industries and Industrial Parks Organization (ISIPO) Mohsen Salehinia to the region has been determined. Thus, it is possible to create a border park on the 100 hectares of land in the first stage.

The director stressed that the establishment of a border park will increase development and employment in border areas.

With the establishment of a joint border park, the conditions will be created for the participation of local and foreign investors in Ardabil Province.

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