Over AZN 6B invested in Sumgayit Chemical Industrial Park

The Sumgayit Chemical Industrial Park (SCIP) in Azerbaijan has attracted more than 6 billion manats (over $3.53 billion) in investments, according to the Economic Zones Development Agency, Report informs.

To date, 39 business entities have received resident status in the park, with 28 of them already operational.

Entrepreneurs have invested approximately 5.6 billion manats ($3.29 billion) in SCIP, creating over 6,300 permanent jobs. The total value of products manufactured has reached 14.4 billion manats ($8.47 billion), with 5.2 billion manats ($3.06 billion) worth of goods exported. In the first half of 2025 alone, the park generated 1.1 billion manats ($650 million) in sales—of which 545 million manats ($320 million) came from exports, marking a nearly 20% increase compared to the same period last year.

The park also notes increase in exports of its products, including construction chemicals, steel and polymer pipes, lubricants, polymers, urea, various types of cables, glass panels, and ceramic tiles. These products are now exported to more than 70 countries under the Made in Azerbaijan label, reflecting the growing global footprint of the park’s manufacturing base.