Evaluation of investment projects on Sumgait Chemical Industrial Park will be made on 10 criteria

The Ministry of Economic Development has prepared the draft "Rules of conformity assessment criteria required investment projects of legal and natural persons" to be applied in the selection of investors for Sumgait Chemical Industrial Park. To date, the Directorate of the chemical industrial park has received about 20 applications.

The press service of the Ministry of Economic Development told Turan that the evaluation of investment projects will be carried out on 10 criteria. Among them their regional need, the use of modern technology, innovative products and export orientation, cost effectiveness, impact on the strengthening of the competitive environment, etc.

Received for review, the investment projects include the production of chemical products, including the packing of goods, medicine, building materials, polymers, etc.

Ltd. Sumgait Chemical Industrial Park was founded in December 2011 by the decree of Azerbaijani President Ilham Aliyev. Its share capital is 500,000 manat. 167.6 hectares of land were allotted for the park. - 08D-

 

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