On June 13 President Ilham Aliyev signed a decree on establishment of an industrial quarter in Masalli.
The government is instructed to allocate a land plot of 10 hectares for the industrial activities of the quarter in 3 months. The industrial quarter will be managed by the state-run Azerbaijan Investment Company.
The Economy Ministry will take measures to create internal and external infrastructure of the Masalli industrial quarter and to provide the effective implementation of business activity.
In 2014 it was decided to establish an industrial quarter in the Neftchala district, where the necessary infrastructure is planned and the selection of residents is carried out.
Industrial quarters in regions of the country are to support small and medium enterprises in the industrial sector and the sustainable development of non-oil sector and to increase employment. -----08D
Economics
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