BAKU, Azerbaijan, February 10. The investment cost of projects of residents from economic zones on Azerbaijan’s liberated lands is 84 million manat ($49.4 million), Head of the Department at the Ministry of Economy Zamin Badirkhanov said at today’s event on "Heydar Aliyev and Azerbaijan’s tax system: toward new challenges," Trend reports.
According to him, the Aghdam Industrial Park’s residents invested 66 million manat ($38.8 million) in their enterprises, while residents of the Araz Valley Economic Zone invested 18 million manat ($10.58 million).
"Thus, these enterprises are expected to provide around 800 permanent jobs in the Aghdam Economic Zone, and 250 jobs – in the Araz Valley Economic Zone. As of today, 12 residents are registered in the Aghdam Industrial Park, whereas two residents and one non-resident are in the Araz Valley Economic Zone," he added.
Badirkhanov noted that some residents are already completing the construction of their enterprises.