Industrial park Araz Valley Economic Zone under creation

16:30 - 4.10.2021


October 4, Fineko/abc.az. President Ilham Aliyev has signed a decree “On the creation of industrial park Araz Valley Economic Zone".

ABC.AZ reports that the industrial park was established by decree in the Eastern Zangezur Economic District, on the territory of Jabrail district.

It was established that the industrial park is a territory with the necessary infrastructure and management structures for the implementation of entrepreneurial activities used for the production, processing (processing) and sale of competitive products, as well as the provision of services in the field of industry through the organization of logistics business, the use of modern technologies that contribute to the effective work and development of entrepreneurs. Activities related to the organization, management and development of the industrial park are carried out by the Agency for the Development of Economic Zones under the Ministry of Economy of Azerbaijan.