• $
  • £

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
ABB eSIM Service Launched!
Business 17:15
ABB eSIM Service Launched!
Kapital Bank Hosts “Smart Money Talks” Session for School Students
Business 17:05
Kapital Bank Hosts “Smart Money Talks” Session for School Students

Subscription to ABB Bank Bonds Successfully Completed!
Business 17:03
Subscription to ABB Bank Bonds Successfully Completed!
Gold prices have increased
Business 17:00
Gold prices have increased
Azerbaijan posts $487.7 mln trade surplus in January 2026
Business 16:30
Azerbaijan posts $487.7 mln trade surplus in January 2026

Brent crude price exceeds $116
Business 15:00
Brent crude price exceeds $116
Azerbaijan’s transport and storage sector sees 2.6% growth in Jan-Feb 2026
Business 14:00
Azerbaijan’s transport and storage sector sees 2.6% growth in Jan-Feb 2026

Stay supported this holiday with Yelo Bank’s special schedule
Business 13:40
Stay supported this holiday with Yelo Bank’s special schedule

Bank Respublika and EIB Global sign a credit agreement using the Central Bank’s hedging mechanism
Business 13:11
Bank Respublika and EIB Global sign a credit agreement using the Central Bank’s hedging mechanism
Anews TV

Our official Youtube channel

Subscribe