Azerbaijan plans to raise investment in hygiene products plant to 27M manats

Investment in a privatized baby diaper and tissue paper manufacturing plant is planned to reach 27 million manats ($15.9 million) through the installation of additional production lines and the acquisition of new equipment.

According to Report, the information was announced during a media tour of the enterprise.

The plant was offered for privatization through an investment competition by the State Service for Property Issues under the Ministry of Economy in 2024.

Fabriora Group LLC, the winner of the competition, initially undertook an investment commitment of 15 million manats ($8.8 million) and has fulfilled most of this obligation under its Investment Program.

Media representatives were briefed on the production process, products, newly installed equipment and technologies used at the facility.

On September 10, President Ilham Aliyev attended the opening of the paper and hygiene products manufacturing facility located in Baku's Garadagh district.

The complex covers 10.9 hectares and has undergone major reconstruction. Modern technologies manufactured in Germany, Italy and Türkiye have been installed at the facility.

The plant currently has an annual production capacity of 5.4 million packages of baby diapers, 4.4 million packages of toilet paper, 2.8 million packages of kitchen paper and 900,000 packages of tissue paper.

The enterprise employs 240 permanent workers.

Its products not only replace imports in the domestic market but are also exported to Uzbekistan, Georgia, Afghanistan and other foreign markets.