A NEW INDUSTRIAL PARK WILL BE ESTABLISHED IN EAST ZANGAZUR
According to the decree of the President of the Republic of Azerbaijan dated October 4, 2021, it is planned to establish an industrial park in the liberated East Zangazur region, Jabrayil region.
Establishment of Industrial Park will achieve:
• Sustainable settlement
• revival of economic activity
• expansion of transport - regional economic and trade relations using logistics opportunities
"Araz Valley Economic Zone" Industrial Park (hereinafter - the Industrial Park) is a necessary infrastructure and management for the implementation of entrepreneurial activities, the organization of logistics, production, processing (recycling) and sale of competitive products in industry through the application of modern technologies, as well as an area used for the provision of services, which will help entrepreneurs to work effectively and develop.
Measures related to the organization, management and development of the Industrial Park will be implemented by the Agency for Development of Economic Zones under the Ministry of Economy of the Republic of Azerbaijan.