According to the order of the Minister of Economy No. F-116, dated August 25, 2020, the works for organizing the activities of Sabirabad Agricultural Park within the framework of the pilot project "Integration of medium-sized farms into agro-industrial clusters" as a new stage in the development of agricultural parks in Sabirabad district have been started by the Economic Zones Development Agency. For this purpose, 7544 hectares of land area was divided among 8 investors and a land lease agreement was concluded between 7 business entities and Sabirabad District Executive Power for 7015 hectares of land, and relevant works are being carried out by another 1 entrepreneur.
The amount of private investment to be made by investors in the agricultural park is 41 million manats, and the number of new jobs to be created is expected to exceed 650. Within the framework of the project the works on intensive horticulture, seed growing, animal breeding, creation of modern agricultural farms and processing areas are being carried out.
The purpose of establishment of the agricultural park
- Acceleration of development in the agricultural field;
- Meeting the demand for agricultural products;
- Strengthening food security;
- Increasing production of export-oriented products;
- Development of small and medium enterprises.