"Alongside restoration and reconstruction efforts, the next task of the Great Return is to expand the economic base of the liberated territories — production and permanent jobs," Deputy Minister of Economy Azer Bayramov said at a joint meeting of the Milli Majlis committees on Legal Policy and State Building; Defense, Security and Combating Corruption; Human Rights; and Regional Affairs, APA reports.
He stated that the economy in the liberated territories is already getting on track.
"Some 60 business entities have been registered in the Aghdam and Araz Valley Economic Zone industrial parks, and products worth approximately AZN 3 billion have been produced. More than 1,300 private sector projects are being implemented in these territories. Various support mechanisms, including tax and customs exemptions, utility and social insurance subsidies, credit guarantees, interest subsidies and preferential loans, are being applied to increase economic activity and develop entrepreneurship in the territories liberated from occupation," he said.
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