15:45 - 9.07.2025

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July 9, Fineko/abc.az. The new resident of industrial park Araz Valley Economic Zone located in Jabrayil district will be engaged in the production of transformers.

ABC.AZ informs, referring to the Economic Zones Development Agency (under the Ministry of Economy), that the representative office of SENSEMI DMCC (UAE) in Azerbaijan was granted the status of a resident of the Araz Valley Economic Zone.

The new president will create an enterprise for production of transformers on the territory of an industrial park with an area of 2 hectares. The company, which will use modern equipment, plans to produce 3,000 transformers per year. The investment cost of the project is approx. 17 million manats.