Ilham Aliyev laid the foundation for the production facility of Saloglu Qarabağ LLC in the Aghdam Industrial Park

Ilham Aliyev laid the foundation for the production facility of Saloglu Qarabağ LLC in the Aghdam Industrial Park
Photo
Politics 0

On December 23, President of the Republic of Azerbaijan Ilham Aliyev laid the foundation for the production facility of Saloglu Qarabağ LLC in the Agdam Industrial Park.

As reported by BAKU.WS, the founder of Saloglu Qarabağ LLC, Tajaddin Mustafayev, informed the head of state about the facility being created.

It was noted that the facility will be built in the Agdam Industrial Park on an area of 1 hectare. There are plans to build a furniture manufacturing plant, including various types of living room and bedroom sets, upholstered furniture, and metal furniture hardware. Turkish, German, and Chinese technologies will be used in the production process. The annual production capacity of the plant will be 4,000 furniture sets and 6,000 units of metal furniture hardware. The products will be directed toward satisfying the needs of the domestic market, as well as for export. The Business Development Fund of Azerbaijan under the Ministry of Economy plans to allocate a soft loan for the creation of the enterprise with an investment value of 8 million manats. The enterprise will take advantage of all tax and customs benefits provided to industrial park residents. It is planned to create 50 permanent jobs here.

This news edited with AI

Latest News