BAKU, Azerbaijan, August 31. Production volume
in the industrial zones under the jurisdiction of the Economic
Zones Development Agency reached 1.9 billion manat ($1.12 billion),
the head of the Agency’s Department of International Cooperation
and Public Relations, Taleh Guliyev, told Trend.


He noted that in the first half of 2026, production volume in
industrial zones under the Economic Zones Development Agency
increased by 8.6% compared to the same period last year, totaling
1.9 billion manat ($1.12 billion).


“During this period, industrial products worth 554.7 million
manat ($326.3 million) were exported. To encourage investor
activity, residents of industrial parks are granted significant tax
and customs incentives for a period of 10 years from the date of
their registration. Specifically, residents are exempt from
property, land, and income taxes, as well as from VAT and customs
duties for 10 years on imports of machinery, technological
equipment, and devices brought in for production purposes. These
incentives create additional incentives for investors to optimize
costs, expand production capacity, and attract new investments,”
the representative of the agency emphasized.


Meanwhile, the chairman of the board of the Agency for the
Development of Economic Zones, affiliated with the Ministry of
Economy, Seymur Adigozalov, at a press conference dedicated to the
agency’s activities over the past year and upcoming tasks, noted
that, overall, the industrial zones managed by the Agency for the
Development of Economic Zones play an important role in
strengthening the country’s industrial potential. According to him,
by the end of 2025, 138 residents and 13 non-residents had been
registered in the industrial zones. As part of projects with a
total investment portfolio of more than 8.7 billion manat ($5.1
billion), entrepreneurs had actually invested 7 billion manat ($4.1
billion).







“Currently, 82 enterprises are operating in the industrial
zones, creating more than 9,700 permanent jobs. Between 2015 and
2025, products totaling more than 19 billion manat ($11.1 billion)
were manufactured and sold in the industrial zones, of which more
than 6 billion manat were exported ($3.5 billion). These results
demonstrate that the industrial zones have already evolved into a
sustainable, production- and export-oriented industrial ecosystem,”
the official emphasized.


He added that economic zones are becoming increasingly
attractive to foreign investors as well. For example, while the
volume of foreign investment attracted to industrial zones totaled
just 10.4 million manat ($6.1 million) in 2016, this figure rose to
87.9 million manat ($51.7 million) in 2025 alone. According to him,
this trend demonstrates a steady increase in international
investors’ interest in Azerbaijan’s industrial zones.