1.4M units of textiles to be annually manufactured in Azerbaijan's Khojaly

As many as 1.4 million units of textiles annually will be manufactured in Azerbaijan's Khojaly, said Rizvan Tahmazov, founder of the Karabakh Textile House LLC, Report informs.

According to him, the Karabakh Textile House has installed Turkish and Chinese technological equipment: "Initially, the enterprise plans to produce home textiles of various types and sizes, including bed linens, bedspreads, sofa covers, towels, and other products. Raw materials for production will be supplied primarily from the domestic market, with some imports from Türkiye, Uzbekistan, and China."

Tahmazov noted that the company's products, in addition to satisfying the domestic market, will also be exported: "The company provides permanent employment to 85 people. These are primarily citizens who have returned to the liberated territories and those living in nearby areas. Additionally, 40 residents of the Khojaly and Aghdam districts will be involved in two-month vocational training, organized with the support of the State Employment Agency under the Ministry of Labor and Social Protection of the Population. Participants who successfully complete the training program will be provided with jobs at the company. In the future, we plan to increase the number of jobs to 200, and also to launch clothing production."

He also emphasized the importance of state support in establishing the enterprise: "The initial investment cost of the manufacturing plant is 4.2 million manats. The Azerbaijan Business Development Fund under the Ministry of Economy allocated 3.2 million manats in soft loans for its establishment, while 1 million manats were invested privately. The enterprise will benefit from all the benefits and exemptions provided to residents of the liberated territories."

On May 28, President Ilham Aliyev attended the opening of the Karabakh Textile House LLC in the city of Khojaly.

($1=1.7 manats)