Bank Of Baku

Works started on creation of Sumgayit Chemical Industrial Park

Works started on creation of Sumgayit Chemical Industrial Park
# 11 January 2012 08:00 (UTC +04:00)
The Company informs that the heads of businesses and organizations involved in the SCIP held a meeting chaired by economic development minister Shahin Mustafayev and with participation of SOCAR president Rovnag Abdullayev.

The meeting participants examined the future area of the industrial park, familiarized with work on disassembling and upgrading, preparation for construction. They also discussed directions of work on the park project and the contours of activity ahead.

Under the decree, SCIP should assist in building the infrastructure for business activity and manufacture of competitive products on modern technologies. Petrochemistry will be the priority of the new park. It will be created in the form of limited liability company "Sumgayit chemical industrial park" under the Ministry of Economic Development (MED).
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THE OPERATION IS BEING PERFORMED