Over $270M to be invested in Azerbaijan’s industrial zones – economy minister

In 2023, a total of 26 business entities obtained residency in the industrial zones under the Economic Zones Development Agency, Minister of Economy, Mikayil Jabbarov, wrote on X, Report informs.

“Among them, 7 registered as residents in the Aghdam Industrial Park, 5 in the "Araz Valley Economic Zone" Industrial Park, 8 in the Sumgait Chemical Industrial Park, 3 in the Pirallahi Industrial Park, 1 in the Hajigabul Industrial District, and 2 in the Sabirabad Industrial District. The residents are set to invest 471 million manats ($277.06 million) and create over 3,100 permanent jobs,” Jabbarov said.