Possibility of Creating Industrial Quarter in Masalli Studied
The second industrial quarter in a row in Azerbaijan is based in the Masalli region, known for its potential in the furniture industry. The day before, on 3 February representatives of the Ministry of Economy and the State JSC Azerbaijan Investment Company visited the area, where they plan to build an industrial quarter.
According to the press service of the Economy Ministry, during the meeting with representatives of the businesses of the district they discussed the possibility of establishing new industrial enterprises and employment.
The creation of the first industrial district in the Neftchala region continues. For the production of various goods, projects have been presented by about 10 entrepreneurs.
According to the State Statistics Committee, in 2014 in the Masalli district there was recorded a sharp reduction in the production of furniture: while in 2013 the production of wooden office furniture amounted to 23,853 items, the next year this figure fell to 469. Twelve sets of kitchen furniture were assembled, while in 2013 this figure stood at 1,157 items. ----08D
Economics
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