Foreign companies boost investments in Azerbaijan's industrial zones

More than 15 foreign companies have been registered as residents in industrial zones managed by the Economic Zones Development Agency's (EZDA) under Azerbaijan’s Economy Ministry, the EZDA told Report.

According to the agency, companies from Switzerland, United Arab Emirates (UAE), Thailand, China, Pakistan, Türkiye, Bulgaria, Lithuania, Uzbekistan, Russia, Iran, and several other countries are actively engaged in diverse industrial activities within designated production zones. Their operations span multiple sectors, including:

- Construction chemicals;

- Ceramic tile manufacturing;

- Recycling of engine and industrial oils;

- Production of base oils;

- Potassium sulfate fertilizer;

- Electrical switches and meters;

- Leather goods;

- Kitchenware (pans and pots);

- Biologically active food supplements and pharmaceuticals;

- Automotive parts and vehicle manufacturing.

During the first 7 months of 2025, 4 new foreign companies have been registered as residents in industrial zones. These companies originate from China, Uzbekistan, and the UAE.

The total value of the projects submitted by them exceeds 200 million manats (approximately $117.6 million). The new projects include the creation of a textile cluster, production of elevators and transformers, as well as the production of electric buses. These projects are expected to create approximately 3,000 new jobs.

The agency also noted that both local and foreign investors can equally benefit from the favorable investment opportunities created for entrepreneurs in industrial zones.

EZDA was established as a public legal entity based on Sumgayit Chemical Industrial Park LLC in accordance with President Ilham Aliyev's order "On measures to improve the management of industrial parks, industrial districts and agroparks" dated January 22, 2021, and was registered with the state that same year.

Currently, the agency manages 8 industrial parks, 3 industrial districts, Yevlakh Pilot Agropark, and a Vocational Education Center.