17:23 - 15.05.2023

---

May 15, Fineko/abc.az. Azerbaijan's 3 industrial parks among TOP-10 in EAEU and neighbouring countries

ABC.AZ reports that BIK Ratings Agency conducted a study to assess and analyze the activities of industrial parks in the EAEU and neighboring countries.

The industrial parks were rated according to five groups of indicators: tax environment, infrastructure, conditions of entry, human development index in the country, macroeconomic and political environment.

They analyzed 40 industrial parks from 10 countries - Azerbaijan, Belarus, Kazakhstan, Latvia, Lithuania, Moldova, Poland, Russia, Uzbekistan, and Estonia.

As a result, Mingachevir Industrial Park (3rd place), Pirallahi Industrial Park (7th place), and Garadagh Industrial Park (10th place) entered the Top 10.

According to the study, China-Belarus industrial park Great Stone topped the list. Special economic zone Alabuga (Tatarstan) is in 2nd place, Russian industrial & logistics park Avangard is in 4th place, and Russian investment & industrial park Khimgrad is in 5th place.