The amount of investments by residents within the Agdam Industrial Park has been introduced – 2024-06-29 10:11:30

by times news cr

2024-06-29 10:11:30

So far, investments of residents within the Agdam Industrial Park have amounted to greater than 35 million manats, Day.Az reported on Thursday.

Based on the Ministry of Financial system of Azerbaijan, inside the framework of the occasion “New Alternatives for Entrepreneurs: Let’s Revive Karabakh Collectively” representatives of enterprise buildings bought acquainted with the Agdam Industrial Park.

Chairman of the Board of the Company for Growth of Financial Zones (İZİA) Seymur Adygezalov stated that the park was created with the goal of making aggressive industrial manufacturing within the area and offering a good enterprise surroundings for traders.

It was famous that by way of the variety of residents, the Agdam Industrial Park is the second within the nation after the Sumgait Chemical Industrial Park. 25 enterprise entities have obtained the standing of commercial park resident, one other six firms are registered as non-residents. The full quantity of their investments exceeds 216 million manats.

It’s deliberate to create greater than two thousand jobs within the industrial park attributable to these enterprise entities. So far, the investments of residents have amounted to greater than 35 million manats, about 300 everlasting jobs have been created. Within the close to future, numerous manufacturing enterprises will start working within the Agdam Industrial Park.

Data was provided that within the liberated territories a preferential mechanism for the usage of public utilities, exemption from customs duties and taxes on the import of various supplies and uncooked supplies, in addition to subsidies for social safety contributions and different further advantages are utilized.

Throughout the familiarization, a video about industrial parks within the liberated territories was proven, contributors of the occasion have been supplied with detailed details about such enterprises of the Agdam Industrial Park as BAFCO Make investments LLC (footwear manufacturing), Mister Decor LLC (wallpaper manufacturing), Metkons LLC (manufacturing of air flow, fire-fighting gear and merchandise made from metallic).

Having familiarized themselves with the enterprise prospects of the park, the fashionable infrastructure created, the mechanisms of state assist and the actions of enterprises, the businessmen assessed the funding alternatives.

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