President Ilham Aliyev signed a Decree "On the Establishment of the Western Industrial Park".
Modern.az reports that, according to the Decree, the Western Industrial Park will be established in the territory of Ganja city and Shamkir district.
The Western Industrial Park will be an area with the necessary infrastructure and management bodies for the implementation of entrepreneurial activity, used for the purpose of producing competitive products and providing services through the application of modern technologies, and assisting the efficient activity and development of entrepreneurs.
Measures related to the organization of the Industrial Park's activity, its management, and development will be carried out by the Agency for the Development of Economic Zones under the Ministry of Economy of the Republic of Azerbaijan.
For the purpose of ensuring the organization of the Western Industrial Park's activity, making its territory suitable for use, and carrying out design work for the creation of external and internal infrastructure (electricity and heat energy, gas, water, sewerage, communication, transport, fire protection, production-oriented, administrative, social, and other infrastructure facilities), an initial amount of 500 thousand manats has been allocated to the Ministry of Economy from the Reserve Fund of the President of the Republic of Azerbaijan, envisaged in the 2026 state budget of the Republic of Azerbaijan.
