12:23 - 31.10.2025

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October 31, Fineko/abc.az. Currently, there are nearly 200 hectares of ready-made territory in the Alat Free Economic Zone (FEZ).

ABC.AZ informs that FEZ’s chairman of board Valeh Aleskerov stated about this at a full-scale business meeting with members of the Mejlis of the Istanbul Chamber of Industry, who visited Baku to expand economic cooperation between Turkey and Azerbaijan.

According to Aleskerov, most of thoe territories have already been provided to investors: "At the same time, construction work on the site designated for heavy industry, that is, on an area of more than 200 hectares, is nearing completion and will be completed within the next week or two. More than half of the 138 hectares have already been provided to investors."