BAKU, Azerbaijan, August 13. A new resident has
been registered at the “Hajigabul” Industrial Park.


This was announced by the press service of the Ministry of
Economy.


Az agromila LLC has been granted resident status at the
Hajigabul Industrial Park, which is administered by the Economic
Zones Development Agency under the Ministry of Economy.


“As part of a project to produce next-generation fertilizers and
biopesticides with an investment volume of 4.7 million manat ($2.7
million), more than 40 new jobs are planned to be created.


Fifteen business entities have been granted resident status in
the “Hajigabul” Industrial Park, while five entrepreneurs have been
granted non-resident status. The entrepreneurs have invested more
than 66.8 million manat ($39.3 million) in projects carried out in
the industrial park and created more than 500 jobs,” the statement
notes.


Meanwhile, Seymur Adigozalov, Chairman of the Board of the
Agency for the Development of Economic Zones (IZIA) under the
Ministry of Economy of Azerbaijan, stated at a press conference
dedicated to the agency’s activities over the past year and its
upcoming tasks that the industrial zones managed by the Agency play
an important role overall in strengthening the country’s industrial
potential.







According to him, by the end of 2025, 138 residents and 13
non-residents had been registered in the industrial zones. As part
of projects with a total investment portfolio exceeding 8.7 billion
manat ($5.1 billion), entrepreneurs had actually invested 7 billion
manat ($4.1 billion).


“Currently, 82 enterprises are operating in the industrial
zones, creating more than 9,700 permanent jobs. Between 2015 and
2025, products totaling more than 19 billion manat ($11.1 billion)
were manufactured and sold in the industrial zones, of which over 6
billion manat ($3.5 billion) were exported. “These results show
that the industrial zones have already evolved into a sustainable,
production- and export-oriented industrial ecosystem,” the IZIA
chairman emphasized.


He added that economic zones are becoming increasingly
attractive to foreign investors as well. For example, while the
volume of foreign investment attracted to industrial zones amounted
to just 10.4 million manats in 2016, this figure rose to 87.9
million manat ($51.7 million) in 2025 alone.


According to him, this trend indicates a steady increase in
international investors’ interest in Azerbaijan’s industrial
zones.