The Pirallahi Industrial Park, managed by Azerbaijan’s Economic Zones Development Agency under the Economy Ministry, has sold products worth 53 million manats (over $31.176 million) to date, Report informs, citing the agency.
Seven business entities, with a combined investment capital of more than 121 million manats (over $71.176 million), have been granted resident status in the Pirallahi Industrial Park. Two of these entities have already begun manufacturing operations.
So far, 41 million manats (over $24.117 million) have been invested in the Pirallahi Industrial Park, creating over 150 permanent jobs. Future plans include additional investments exceeding 76 million manats (over $44.705 million) and the creation of more than 400 jobs with ongoing projects.