President Ilham Aliyev visits Aghdam

President of the Republic of Azerbaijan Ilham Aliyev attended the opening of a metal electric pole production facility owned by Construction LLC in Aghdam Industrial Park on December 23

1news.media informs Nurlan Abbasov, founder of Construction LLC, briefed the head of state on the facility’s operations.

Located on a 1-hectare site within the Industrial Park, the facility operates using Chinese technology. Its annual production capacity is 7,200 tons of metal electric poles, which will serve both domestic demand and export markets. The investment volume of the facility is 2.96 million manats, with a guaranteed loan of 1.2 million manats provided by the Azerbaijan Business Development Fund under the Ministry of Economy. The facility currently employs 32 people and benefits from all tax and customs concessions granted to residents of the Industrial Park. During the import of equipment, technological devices, and installations, VAT and customs duty concessions worth approximately 443,000 manats were applied.

Established by a 2021 decree, Aghdam Industrial Park covers 190 hectares and aims to revive the liberated territories, develop Garabagh’s industrial potential, support entrepreneurship, and increase employment in the production sector. Key activities in the Industrial Park include the production of construction materials, packaging of agricultural products, processing of fruit and vegetable preserves, meat and dairy production, feed and fertilizer production, provision of services, and the organization of cold storage facilities.

The government has created a favorable investment environment to support entrepreneurial activity. Residency status has been granted to 32 business entities with a total investment exceeding 312 million manats, while 5 entrepreneurs have been granted non-residency status. Investors have already contributed 142 million manats to the Industrial Park, creating nearly 970 permanent jobs, the majority of which are held by residents of Aghdam and surrounding districts. Products worth 945 million manats have been produced by Industrial Park residents, including 39.5 million manats worth of exports.

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President of the Republic of Azerbaijan Ilham Aliyev laid the foundation stone for the production facility of Saloglu Garabagh LLC in Aghdam Industrial Park on December 23.

Tajeddin Mustafayev, founder of Saloglu Garabagh LLC, briefed the head of state on the plans for the new facility.

The enterprise will be established on a one-hectare site within the Aghdam Industrial Park. The project envisages the construction of a factory for the production of furniture, including various types of living room and bedroom sets, as well as upholstered and metal furniture accessories. Production will utilize technologies from Türkiye, Germany, and China. The factory’s annual production capacity is projected at 4,000 furniture sets and 6,000 metal furniture accessories. The products will meet domestic market demand and will also be exported. The total investment value of the project is 8 million manats. A preferential loan is expected to be provided by the Azerbaijan Business Development Fund under the Ministry of Economy for the establishment of the facility. The enterprise will benefit from all tax and customs incentives granted to residents of the industrial park. The project is expected to create 50 permanent jobs

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President of Azerbaijan Ilham Aliyev attended the opening of the Hilton Garden Inn Agdam hotel in the city of Aghdam on December 23.

The head of state was informed about the conditions created here.

It was reported that the hotel, with a total area of ​​​​more than 2 hectares, consists of 3 blocks with 2, 6 and 7 floors. The 287-bed hotel building has a total of 127 rooms of various classes. A restaurant, a public catering area, meeting, event and banquet halls, an indoor swimming pool, and a gym have also been created here. Extensive renovation work has also been carried out on the territory of the hotel. 120 people have been provided with permanent jobs here. The new hotel is located near the Aghdam Railway and Bus Station Complex, the Aghdam Mugham Center, the Aghdam Industrial Park and other social infrastructure facilities.

It should be noted that President Ilham Aliyev and First Lady Mehriban Aliyeva attended the groundbreaking ceremony of the hotel complex in the city of Aghdam in 2022. In February of this year, they got acquainted with the construction work carried out in the complex.

As part of the restoration and reconstruction work carried out in the liberated territories, the formation of tourism infrastructure in this region has been identified as one of the main directions. For this purpose, the construction of hotels and hotel complexes that meet modern requirements is being carried out, and the necessary conditions are being created for the realization of tourism potential. All these works are being carried out in accordance with the "I State Program on the Great Return to the Liberated Territories of the Republic of Azerbaijan". These hotels are designed in accordance with the natural landscape of the area in terms of their architecture, are based on ecological standards and the most modern service principles. Tourism facilities create ample opportunities for comfortable accommodation and recreation for tourists. The construction of hotels also gives impetus to the increase in economic activity, the creation of new jobs and the development of entrepreneurship in these regions. All these works will also create a basis for the Karabakh and East Zangezur economic regions to occupy an important place in the country's tourism potential.