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Industry and Energy

$400 mln to be invested in Sumgait Technological Park within the next 3 years

$400 mln to be invested in Sumgait Technological Park within the next 3 years

21 May 2013 10:39 (UTC +04:00)

To him, about 7-10,000 new work places will be opened in the enterprises inside the park and this will help solution to unemployment of that region.

Abdullayev noted that at present time, works are being carried out together with Ministry of Economic Development and admission of proposals will be started in the near future.

“Ethylene-propylene and ethylene-polyethylene products to-be-produced at the Sumgait Technological Park will both meet the domestic demand and be exported to abroad”, added SOCAR President.

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