Investments in Sumgait Chemical Industrial Park exceed $3.1B

The residents of the Sumgait Chemical Industrial Park have invested 5.3 billion manats ($3.1 billion), and an additional investment of over 300 million manats ($176.2 million) is planned, Azerbaijani Minister of Economy Mikayil Jabbarov wrote on Twitter, Report informs.

According to him, these investments are expected to create more than 2,000 permanent jobs: “Today marks the 11th anniversary of the establishment of the Sumgait Chemical Industrial Park. Industrial parks make a significant contribution to the sustainable economic growth, development of the non-oil sector and employment provision.”

Jabbarov added that more than 6,000 people have been provided with jobs at the Park.