BAKU, Azerbaijan, July 9. The Azerbaijani representative office of the United Arab Emirates-based company SenseMi DMCC has been granted resident status in the “Araz Valley Economic Zone” Industrial Park, operated by the Economic Zones Development Agency (EZDA) under the Ministry of Economy, EZDA told Trend.
The company will establish a transformer manufacturing facility on a 2-hectare plot within the park, where it plans to produce up to 3,000 units annually using modern equipment. The total investment value of the project is estimated to be close to 17 million manat ($10 million).
