BAKU, Azerbaijan, August 13. Production in Azerbaijan's Neftchala Industrial District, under the watchful eye of the Economic Zones Development Agency, has skyrocketed by more than fourfold.
The data obtained by Trend from the agency shows that six business entities with a total investment portfolio of over 63 million manat ($37.1 million) have been granted residency status in the industrial district, with five of them already operational.
So far, entrepreneurs have invested nearly 50 million manat ($29.4 million), creating over 300 permanent jobs.
The Neftchala Industrial Park plays an important role not only in improving the investment climate and creating new jobs in Azerbaijan but also in boosting the production and export of non-oil industrial products.
To date, resident companies have sold products worth 230 million manat (about $135.3 million), of which 1.8 million manat (around $1.06 million) accounts for exports.
"In the first half of 2025 alone, the district produced goods worth 19 million manat ($11.2 million), more than four times the volume produced in the same period last year.
Established by a presidential decree on February 2, 2015, and launched on September 24, 2017, the park focuses on key sectors such as fisheries, the food industry, automotive, and feed production.
A favorable investment environment has been created at the Neftchala Industrial Park. Residents are provided with fully equipped infrastructure funded by the state and access to ready-made construction sites. In addition, residents can obtain an incentive certificate from the Ministry of Economy, allowing them to benefit from various tax and customs exemptions for seven years," the agency said.
