Azernews.Az

By Sara Israfilbayova

Development of industry and creation of competitive export-oriented industrial enterprises is one of the main tasks of the Azerbaijani government.

Deputy Economy Minister Niyazi Safarov made the remark during the ceremony of launching the Accopen plant for production of plastic windows and doors.

The construction of the Accopen plant, which is part of the Akkord Industry Construction Investment Corporation OJSC, started in November 2015.

Production capacity of the plant is 2,500 tons of PVC profiles per year.

“The enterprise will produce plastic profiles, and at the second stage – readymade windows and doors, thanks to which 59 people will be permanently employed. The creation of such enterprises in the villages of Baku and Absheron as a whole will serve the development of industry in the country and increase employment in this area”, said Safarov.

The volume of investments in the construction of the plant amounted to 3.9 million manats ($2.31 million).

In turn, Executive Director Burhan Hamidov noted that this plant became the fourth enterprise commissioned by the corporation in the last three years, which contributed to creation of 1,000 permanent work places.

Industry is the main branch of economy of Azerbaijan and this branch mainly includes machine building, metallurgy, fuel and energy, chemical, food and other industries.

In 2016 the volume of industrial production in Azerbaijan amounted to 32.3 billion manats ($19.17 billion).

In 2016, 410 industrial enterprises were opened in the country. In addition, construction of a number of industrial facilities was started; works on the creation of industrial parks and zones are underway.

Currently, Neftchala Industrial Zone operates in the country and next such a zone is planned to be created in Hajigabul district.

A total of 4 million manats ($2.35 million) is allocated from the Presidential Contingency Fund for the establishment of the Hajigabul Industrial Zone.

In addition to industrial zones, five industrial parks have been established in the republic: the Sumgait Chemical Industrial Park, Balakhani, Garadagh, Mingachevir and Pirallahi industrial parks.

Earlier, Azerbaijani Economy Minister Shahin Mustafayev stressed that as much as $800 million have been invested in five operating industrial parks of Azerbaijan so far, adding that about 5,000 new work places have been created thanks to the industrial parks.

Main purpose of the establishment of such parks in the country are the creation of favorable conditions in the country for further development of industrial production, provision of support to entrepreneurs, and increasing employment of population in the sphere.

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