The regional centers of Hajigabul and Neftchala will be developed in accordance with master plans, the information on the website of the State Committee for Urban Planning and Architecture says.
According to the report, a set of documents prepared by LLC Azykh started to be developed in 2012. It is approved by the executives of the mentioned cities on the basis of public hearings. Upon receipt of the expert opinion of the State Property Committee (previously a function of the State Committee for Land and Cartography) the documents will be sent to the government.
This step is now to face the general plan of the resort of Naftalan - on Thursday a public hearing will be held in the building of the Executive Power of the spa town of republican subordination. Preparation of the master plan for Naftalan is carried out by LLC Renaissance Studio.
As Turan reported earlier with reference to the State Committee for Urban Planning and Architecture, the contracts are mostly signed with organizations such as Azermemarlayihe, Azerdevletlayihe, Bakidevletlayihe, Azykh LLC and Renaissance Studio LLC. --17D-
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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