Prestij-Kimya LLC has obtained the status of a resident in the Araz Valley Economic Zone, Minister of Economy of Azerbaijan Mikayil Jabbarov said on Twitter.
Report informs that, according to the minister, the new resident will develop a disinfectant, liquid detergent and bleaching goods production plant.
"The enterprise with the #investment volume of 4.8 mln. ₼ will provide 157 people with permanent jobs," he tweeted.
This takes the number of residents in the Araz Valley Economic Zone to two.