Industrial park to be created in Masalli

By Laman Sadigova

The Ministry of Economy and Azerbaijan Investment Company are exploring the possibility of creating an industrial park in Masalli, a southern region in 240 km of capital Baku.

Technology parks are an important element of modern innovative economy.

The Ministry of Economy reported that a team of experts are studying the possibility of the region, in particular the relevant infrastructure, to carry out the project.

The creation of such a large-scale project will indeed boost the effectiveness of the region and will be a big impetus for its future development.

Deputy Economy Minister Niyazi Safarov informed about industrial parks created in the regions and the head of state's instruction to open new jobs in industry. He also noted the benefits provided by the decree of President Ilham Aliyev on additional measures to encourage investment.

The executive director of the Azerbaijan Investment Company Rovshan Najaf, in his turn, briefed about the advantages of the industrial park and the offered services.


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