Twenty four business entities have been so far assigned the status of residents in the largest industrial zone of the region - Chemical Industrial Park located in Sumgayit city, the Azerbaijani Minister of Economy Mikayil Jabbarov tweeted.
According to Jabbarov, consequently it's planned to invest more than 400 million manat ($235.3 million) in projects of the industrial park and open about 900 permanent jobs there.
To date, nearly $3 billion investments have been made in the Sumgayit Chemical Industrial Park.
The park was established by the Azerbaijani President Ilham Aliyev’s decree in 2011.
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