BAKU, Azerbaijan, August 14. A food industry
enterprise with an investment value of 27.5 million manat ($16
million) will start operating in Azerbaijan's Sumgayit Industrial
Park.


This was reported by the Economic Zones Development Agency under
the Ministry of Economy following the granting of resident status
to Bimbo QSR Azerbaijan LLC in the Sumgayit Industrial Park, which
is managed by the agency.


According to the information, within the framework of the
project, buns for burgers and hot dogs will be produced. The annual
production capacity of the enterprise will be 150 million units.
It's planned to create more than 100 new jobs within the project.
Local raw materials will be used in the production process. The
products to be made at the enterprise are intended to be exported
to the regional countries in addition to the domestic market.


To date, 43 business entities with a total investment volume of
more than 6.8 billion manat ($4 billion) have been granted resident
status in the Sumgayit Industrial Park. More than 5.6 billion manat
($3.3 billion) has been invested by the residents, and more than
6,400 jobs have been created.


The Sumgayit Industrial Park was established by Decree No. 548
of the President of the Republic of Azerbaijan, Ilham Aliyev, dated
December 21, 2011. The main goal of the park is to create favorable
conditions for the development of competitive industrial production
based on innovative and high technologies in the country, support
entrepreneurship, ensure sustainable development of the non-oil
sector, and improve employment of the population in the production
sector.


Currently, the total area of ​​​​the Sumgayit Industrial Park is
640 hectares. The total investment volume in projects implemented
in the park reaches $3.94 billion, and it's planned to generate
6,134 permanent jobs.







Chairman of the Board of the Economic Zones Development Agency,
Seymur Adigozalov, said at a press conference on the agency's
activities for the past year and the upcoming tasks that 40
residents are operating in Sumgayit Industrial Park, which is
recognized as the largest industrial park in the South
Caucasus.


"In 2025, the park recorded sales of products totaling 2.2
billion manat ($1.3 billion), with exports contributing 1.1 billion
manat ($650 million) to that figure. These metrics unequivocally
highlight the park's pivotal position in the broader industrial
landscape and its contributions to non-oil export dynamics," he
remarked.


Adigozalov highlighted that in general, industrial zones
overseen by the Economic Zones Development Agency play an important
role in strengthening the country's industrial potential. According
to him, by the close of 2025, 138 residents and 13 non-residents
were registered in the industrial zones.


He said that entrepreneurs have poured 7 billion manat ($4.1
billion) into projects, boasting a total investment portfolio that
surpasses 8.7 billion manat ($5.1 billion).



"At present, 82 enterprises are operating in the industrial zones,
generating over 9,700 permanent jobs. In the period from 2015 to
2025, industrial zones recorded product sales exceeding 19 billion
manat ($11.1 billion), of which more than 6 billion manat ($3.5
billion) accounted for exports. These figures demonstrate that
industrial zones have already evolved into a well-established and
sustainable industrial environment,” he said.


He added that economic zones are also becoming increasingly
attractive to foreign investors. Thus, if in 2016 only 10.4 million
manat ($6.1 million) of foreign investment was attracted, in 2025
alone this figure reached 87.9 million manat ($51.7 million).
According to him, these indicators clearly show that the
attractiveness of Azerbaijan's industrial zones for international
investors continues to grow steadily.