New vehicle production project to be launched at Sumgayit Industrial Park

A project for the production and assembly of special equipment and vehicles will be implemented at Sumgayit Industrial Park, managed by the Economic Zones Development Agency under Azerbaijan's Economy Ministry, Report informs, citing the agency.

For this purpose, RAM Industries LLC has been granted resident status in the industrial park.

The project, worth 44.9 million manat, or about $26.4 million, is expected to create more than 200 permanent jobs.