January – June 2022

13

February

Groundbreaking Ceremonies in the Aghdam Industrial Park

President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva attended a groundbreaking ceremony for two enterprises in the Aghdam Industrial Park on February 13. The head of state laid the foundation for the two enterprises.

Aghdam’s strategic and geographical position in the Karabakh region, its location at the junction of Karabakh and other regions, the potential of human resources, and access to infrastructure expand the possibilities to turn it into an industrial center of Karabakh in the future. The creation of the Industrial Park aims for this purpose. The Aghdam Industrial Park occupies an area of 190 hectares. The priority areas of the park are the production of construction materials, packaging of agricultural products, canned fruits and vegetables, meat and dairy products, production and processing of feed and fertilizers, as well as refrigeration, storage, and other services.

Entrepreneurs show great interest in the Aghdam Industrial Park. Five business entities have already been registered as residents of the Industrial Park. Smartpoint LLC, a resident of the Aghdam Industrial Park that President Ilham Aliyev laid the foundation, will organize the production of light poles and other devices powered by alternative and renewable energy sources (mainly solar energy) as part of a project to be implemented here. The enterprise will create 80 permanent jobs at the factory to be built on an area of 1,3 hectares of the Industrial Park. It is planned to put the enterprise into operation within 6 months after the start of construction. Another resident, Dadash-N LLC, will manufacture a variety of synthetic carpets as part of a project to be implemented in the Industrial Park. It is planned to manufacture 700,000 square meters of carpets per year within the project, with an investment cost of 9.5 million manats. The enterprise will create 60 permanent jobs at the factory to be built on an area of two hectares of the Industrial Park. It is planned to put the enterprise into operation for 24 months from the start of construction.