BAKU, Azerbaijan, February 24. The legal
framework for the establishment of private industrial districts in
Azerbaijan has already been formed, Chairman of the Board of the
Economic Zones Development Agency under the Ministry of Economy,
Seymur Adigozalov, said at a press conference dedicated to the
agency's activities for the past year and the upcoming tasks,
Trend reports.
He noted that private industrial districts can be created on
state, private, and municipal lands.
"Decisions are made on the initiative of entrepreneurs. In
accordance with the application of entrepreneurs, the investor is
registered and, within the established conditions, obtains the
status of an industrial district. By December 2025, two private
industrial districts were registered by the Economic Zones
Development Agency. At the same time, one resident was registered
in these industrial districts last year. This mechanism will give
an additional impetus to the development of entrepreneurship in the
regions and the expansion of production capabilities," the official
added.
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