• $
  • €
  • ₽
  • ₺
  • £

16 new enterprises to launch in Azerbaijan’s industrial zones this year

16 new enterprises to launch in Azerbaijan’s industrial zones this year
24.02.2026 16:30

A total of 16 new enterprises are expected to begin operations in Azerbaijan’s industrial zones this year, while the foundation for two additional facilities will be laid.

The announcement was made by Seymur Adigozalov, Chairman of the Board of the Economic Zones Development Agency under the Ministry of Economy, at a press conference dedicated to the results of 2025.

According to him, the expansion of industrial zones has accelerated since the beginning of the year. In January, President Ilham Aliyev inaugurated two enterprises at the Sumgait Industrial Park and laid the foundation of another.

The main objective is to transform industrial zones into strategic centers ensuring long-term and sustainable economic development.

Facebook
Go
Similar news
Similar news
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Business 16:01
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
Business 15:37
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
SOCAR expects to disclose ACG recoverable gas volumes soon
Business 15:00
SOCAR expects to disclose ACG recoverable gas volumes soon
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
Business 14:30
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
BP says ACG annual oil output decline slows to 3%
Business 13:58
BP says ACG annual oil output decline slows to 3%
Azerbaijan central bank sets official exchange rates for November 13
Business 13:00
Azerbaijan central bank sets official exchange rates for November 13
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Business 12:30
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Business 12:29
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Business 12:00
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Anews TV

Our official Youtube channel

Subscribe