BAKU, Azerbaijan, April 10. Agas Group LLC has been granted the status of a resident of the Hajigabul Industrial Park, managed by the Economic Zones Development Agency (EZDA) under the Ministry of Economy, a source in the agency told Trend.
Per the referenced data point, this development has augmented the resident count within the industrial park to a total of 12 entities.
The company is strategizing to deploy a 2.5 MW solar photovoltaic facility within the confines of the park's jurisdiction.
The project execution will encompass a segment of the park's energy provisioning via alternative and renewable energy modalities.
The initiative, boasting a capital infusion of 1.4 million manat ($820,000), is poised to generate five sustainable employment opportunities.
Hajigabul Industrial Park was established on the basis of the Hajigabul Industrial District by the Decree of the President of the Republic of Azerbaijan dated June 12, 2024.
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