Azerbaijan to develop more industrial parks
By Nigar Orujova
A new industrial park will be created in Mingachevir city of Azerbaijan.
The decision was made at a meeting of the Economy and Industry Ministry devoted to the execution of the tasks defined by the head of state at a conference on the results of the first year of realization of the "State program of socio-economic development of regions of Azerbaijan in 2014-2018 years."
The state program on socio-economic development of the regions have been successfully implemented since 2004 playing a significant role in enhancing the economic potential of the area, infrastructure support, improving the quality of public services, improving the business and investment environment, the welfare of the population, said Shahin Mustafayev, Economy and Industry Minister.
Today, Azerbaijan is developing two industrial parks in Baku’s suburb and in the second biggest industrial city of the country Sumgayit.
It was also noted, that the first industrial district will be created in Neftchala region. The district was established for development of the non-oil industry by creating commercial and processing enterprises to promote small and medium entrepreneurship.
A ten-hectare big area was allocated for this purpose in Neftchala. The district will have all the needed conditions including internal and outer infrastructures.
The State Program for the Development of Industry in 2015-2020 says Azerbaijan will establish some industrial parks in Ganja and Mingachevir cities in 2015-2018.
This program also envisages establishment of relative associations for various industrial sectors.
The program involves creating new industrial capacities, in particular, the establishment of polymer plant in Sumgayit chemical industrial park, launching the plant on carbamide production, the facilities on sorting, transportation and recycling of waste and others.
Azerbaijan will also create favorable conditions for other countries to participate in the industrial parks.
--
Nigar Orujova is AzerNews’s staff journalist, follow her on Twitter: @o_nigar
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!