BAKU, Azerbaijan, August 7. A total of 13 business entities with investment volume exceeding 186 million manat ($109.7 million) have been granted residency status, and five others non-residency status in Azerbaijan's Hajigabul Industrial Park, operating under the management of the Economic Zones Development Agency.
The data obtained by Trend from the agency shows that the entrepreneurs have invested 64 million manat ($37.8 million) in the park, generating 576 permanent jobs.
"The Hajigabul Industrial Park plays a significant role not only in improving the investment climate in our country but also in the manufacturing and export of non-oil industrial products. To date, products worth 345.6 million manat ($203.9 million) have been manufactured by entrepreneurs in the industrial park, of which 5.4 million manat ($3.2 million) accounts for export.
In the first half of this year alone, products worth 65.6 million manat ($38.7 million) were manufactured in the industrial park, which is about 55 percent more compared to the same period last year," the agency said.
