President signed a decree on creation of Alat Free Economic Zone


May 22, Fineko/abc.az. The Alat Free Economic Zone (FEZ) has been created in Azerbaijan.

ABC.AZ reports that Azerbaijani President Ilham Aliyev has signed a decree on the establishment of a free economic zone and the organization of its activities.

Under the decree, the Alat FEZ and the FEZ authorized structure have been created. The lands located on the administrative territory of the Garadag district are defined as the territory of the Alat FEZ. The temporary management structure of the Alat FEZ has been eliminated.