AZN 17 million to be invested in construction of a new plant in Sumgait


July 5, Fineko/ The Sumgait Chemical Industrial Park continues to create new industrial sites, organize the production of competitive and export-oriented products, and attract investors.

ABC.AZ reports with reference to the Agency for the Development of Economic Zones (IZIA), in continuation of these works, Kartash Kimya LLC received the status of a SCIP resident. Thus, the number of residents of the industrial park has reached 31.

Kartash Kimya will build an enterprise for the production of various construction chemicals on an area of 3 hectares of the industrial park. It is planned to create more than 230 permanent jobs at the enterprise, the investment value of which is AZN 17 million.

The manufactured products will be sold to the domestic market, as well as exported to Turkey and CIS countries.