BAKU, Azerbaijan, May 29. The production
enterprise of "Garabagh Textile House" LLC, which will operate in
Khojaly, plans to manufacture 1.4 million units of textile products
per year, the founder of the enterprise, Rizvan Tahmazov, told
Trend's Karabakh
bureau.
He emphasized that the factory was established based on Turkish
and Chinese technologies and is equipped with modern machinery.
According to him, in the initial phase, the facility will
produce home textile products of various sizes and assortments,
including bedding sets, bed and sofa covers, as well as towels.
He mengioned that the manufactured products will not only meet
the demands of the domestic market but will also be exported to
foreign markets. Part of the raw materials used in production will
be sourced from the local market, while the other part will be
supplied from Türkiye, Uzbekistan, and China.
Currently, 85 people have been provided with permanent
employment at the enterprise. The majority of the workers are
citizens who have returned to the liberated territories and those
living in the surrounding districts.
In addition, 40 individuals from the Khojaly and Aghdam
districts will be involved in two-month vocational training courses
organized with the support of the State Employment Agency. Those
who successfully complete the training are expected to be provided
with jobs at the enterprise.
The founder noted that in the future, it is planned to increase
the number of jobs to 200 and additionally organize clothing
production.
The initial investment value of the enterprise stands at 4.2
million manat ($2.4 million). Out of this, 3.2 million manat ($1.8
million) was allocated by the Entrepreneurship Development Fund of
Azerbaijan in the form of a concessional loan, while 1 million
manat ($588,235) was financed through private investment.
The investment and business environment created for
entrepreneurs in the liberated territories fosters the expansion of
economic activity and the creation of new jobs in the region.
