Azerbaijan's Hajigabul Industrial Park to produce new-generation fertilizers, biopesticides

A project to produce new-generation fertilizers and biopesticides will be implemented at the Hajigabul Industrial Park, which is managed by the Economic Zones Development Agency under Azerbaijan's Ministry of Economy, Report informs, citing the agency.

For this purpose, Az Agromila LLC has been granted resident status at the park.

The project, with an investment value of 4.7 million manat ($2.8 million), is expected to create more than 40 new jobs.

So far, 15 business entities have been granted resident status and five entrepreneurs non-resident status at Hajigabul Industrial Park.

Entrepreneurs have invested more than 66.8 million manat ($39.3 million) in the park and created over 500 jobs.