BAKU, Azerbaijan, August 16. The resident of
Sumgayit Industrial Park, Az-Tex-Import LLC, plans to export vans
to Russia, Turkmenistan, Iran, and Georgia, Development studies.
Based on the Financial Zone Growth Company (IZIA) underneath
the Ministry of Financial system of Azerbaijan, an enterprise for the
manufacturing of sunshine, medium, and heavy vans of the IVECO model
will begin working on the industrial park this yr.
Moreover, it’s famous that the development of the IVECO
plant, managed by ‘Az-Tex-Import’ LLC, is near completion, and
set up of the gear will start within the upcoming
months.
The price of the undertaking is nineteen.2 million manat ($11.2 million),
of which over six million have already been invested. The plant
will present everlasting employment for 90 folks.
Furthermore, it’s anticipated that 100 automobiles shall be produced
yearly, which shall be bought each within the home market and
exported to Russia, Georgia, Turkmenistan, and Iran.
To notice, the corporate was granted the standing of a resident of
Sumgayit Industrial Park in Could 2022.
So far, the resident standing of the Sumgayit Industrial Park has
been assigned to 40 enterprise entities with a complete funding of
6.2 billion manat ($3.6 billion).
A complete of 24 enterprises are at the moment working within the park,
and this yr it’s deliberate to open two new enterprises, which is able to
entice investments of about 40 million manat ($23.5 million) and
create greater than 300 new jobs.
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