• $ 1.7
  • € 1.9609
  • ₽ 0.021026
  • ₺ 0.0404
  • £ 2.2342

Russia hopes to launch industrial park in Azerbaijan by end of 2025

Russia hopes to launch industrial park in Azerbaijan by end of 2025
12.05.2025 13:00

Russia’s Ministry of Industry and Trade expects an industrial park in Sumgayit, Azerbaijan, to be launched by the end of 2025, Deputy Minister Roman Chekushov said on the sidelines of the "Innoprom. Central Asia" trade fair in Tashkent.

“This year, we hope to launch the industrial park in Sumgayit. It is our first joint project with Azerbaijani partners, and we are confident it will be of interest to Russian businesses,” he said, according to TASS.

Similar news
Similar news
Azerbaijan’s economy projected to grow 2.9% in 2026
Business 18:00
Azerbaijan’s economy projected to grow 2.9% in 2026
Azerbaijan’s strategic reserves are 17 times larger than its foreign debt
Business 17:30
Azerbaijan’s strategic reserves are 17 times larger than its foreign debt
Экономика Азербайджана вырастет на 2,9% в 2026 году
Business 17:20
Экономика Азербайджана вырастет на 2,9% в 2026 году
Azerbaijan expects the current account surplus to continue through 2030
Business 17:00
Azerbaijan expects the current account surplus to continue through 2030
Azerbaijan’s public debt declines – finance minister
Business 16:30
Azerbaijan’s public debt declines – finance minister
Azeri Light crude rises to $66.43 a barre
Business 13:30
Azeri Light crude rises to $66.43 a barre
Gold rises to $3,995 per ounce
Business 12:30
Gold rises to $3,995 per ounce
Oil prices edge lower on global markets
Business 11:30
Oil prices edge lower on global markets
Azerbaijan central bank announces exchange rates
Business 09:30
Azerbaijan central bank announces exchange rates
Anews TV

Our official Youtube channel

Subscribe