• $
  • £

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.

Similar news
Similar news
Azerbaijan public procurement increases to 10.8 bln manat in 2025
Business 12:00
Azerbaijan public procurement increases to 10.8 bln manat in 2025
Brent crude oil prices rise $1.74, reach $104.88
Business 11:00
Brent crude oil prices rise $1.74, reach $104.88
Repair Loan up to 200000 AZN from ABB Bank
Business 15:30
Repair Loan up to 200000 AZN from ABB Bank

Managing business expenses is easier with Yelo Bank’s tariff packages!
Business 15:02
Managing business expenses is easier with Yelo Bank’s tariff packages!
Brent oil price rises
Business 14:30
Brent oil price rises
Azerbaijani oil price exceeds $105
Business 10:30
Azerbaijani oil price exceeds $105
Leave your travel plans to Yelo App!
Business 16:38
Leave your travel plans to Yelo App!

IEA sharply lowers forecast for global oil production growth
Business 16:00
IEA sharply lowers forecast for global oil production growth
Azerbaijan's non-oil exports up nearly 20%
Business 15:30
Azerbaijan's non-oil exports up nearly 20%
Anews TV

Our official Youtube channel

Subscribe