Azerbaijani President Ilham Aliyev has signed an order to provide funding for the creation of Hajigabul Industrial Complex. The complex will be developed and regulated by Azerbaijan Investment Company.
The Cabinet of Ministers will provide changing of the category of 20 ha plot of land to industrial purpose for operation of the Industrial District in Hajigabul. The country's ministry of economy will take necessary measures for making the land plot usable, construction of external and internal infrastructure, as well as providing other services for support to the activity of participants, provide taking of measures on organization and regulation of the district’s operation and determination of priorities on produced industrial goods.
Under the presidential order, AZN4 million will be allocated from the Presidential Contingency Fund for the establishment of the complex, which aims to encourage small and medium-sized entrepreneurship, AzerTAc reported.
