BAKU, Azerbaijan, October 24. About four or five enterprises in Azerbaijan's Aghdam Industrial Park will start operating next year, the Chairman of the Management Board of the Economic Zones Development Agency, Elshad Nuriyev said, Trend reports.
"Construction work is expected to be completed this year," Nuriyev noted.
He added that the above enterprises will mainly manufacture construction materials, wallpaper, and shoes.
Aghdam Industrial Park was established by the decree of the President of the Republic of Azerbaijan dated May 28, 2021.
In general, more than 60 million manat ($35.29 million) will be invested in Aghdam Industrial Park. It's planned to create more than 700 workplaces in the industrial park. Enterprises established in the park will make an important contribution to the development of local production, the involvement of the region's resources in economic turnover, the revival of Karabakh, and the development of the non-oil industry of Azerbaijan as a whole.
Resident status was granted to 12 business entities and non-resident status to three entrepreneurs in Aghdam Industrial Park in 2022.