On April 30, the President of the Republic of Azerbaijan, Ilham Aliyev, visited the Sumgayit Chemical Industrial Park to inaugurate two new facilities: a construction chemicals production plant operated by "Kartash Kimya" LLC and a factory by "Az-Tex-Import" LLC for the production of IVECO-branded trucks and special-purpose vehicles.

The event commenced with the inauguration of the construction chemicals production facility of "Kartash Kimya" LLC.

Minister of Economy Mikayil Jabbarov first briefed the head of state on the operations of industrial zones across the country, with a particular focus on the Sumgayit Chemical Industrial Park.

At present, Azerbaijan is home to nine industrial parks and four industrial districts. To date, 170 business entities have been granted either resident or non-resident status within these zones, attracting a total investment of 8.1 billion manats. Entrepreneurs have invested over 6.9 billion manats in the industrial zones, leading to the creation of more than 10,600 permanent jobs. So far, the zones have produced goods valued at 16.2 billion manats, of which 5.2 billion manats have been exported.

Established by Presidential Decree in 2011, the Sumgayit Chemical Industrial Park is Azerbaijan’s first and the largest industrial park in the South Caucasus.

Covering an area of 613 hectares, the park hosts competitive production and processing facilities in the petrochemical sector and other priority industries.

Resident status has been granted to 39 business entities, representing a total investment of approximately 6 billion manats, 24 of which are currently operational. With the inauguration of the two new plants today, the number of operating enterprises has risen to 26.

To date, residents of the park have generated approximately 14 billion manats in sales, with around 5 billion manats attributed to exports.

In the first quarter of 2025, production at the Sumgayit Chemical Industrial Park increased by 14.2 percent, while exports rose by 17.2 percent compared to the same period last year.
The park currently provides permanent employment to over 6,000 individuals, and its products are exported to more than 70 countries.

The head of state attended the opening ceremony of the construction chemicals production plant operated by "Kartash Kimya" LLC, located within the Sumgayit Chemical Industrial Park.

President Ilham Aliyev was informed that "Kartash Kimya" LLC had been granted resident status in the Sumgayit Chemical Industrial Park in July 2022. The President had laid the foundation for the 2.5-hectare plant in 2023.

The facility is equipped with advanced Turkish machinery and features seven production lines. It has an annual production capacity of 295,000 tons, primarily utilizing domestically sourced raw materials. This new plant will not only broaden the range of available products but also reduce reliance on imports by manufacturing items that were previously unavailable in the domestic market.

The company also plans to export its products to Türkiye, Uzbekistan, Kazakhstan, Turkmenistan, Russia, and Georgia.

President Aliyev officially launched the plant’s operations.

The facility will produce cement-based dry mixes, waterproofing materials, flooring materials, cement grinding additives, concrete additives, and their key raw materials.

The plant currently employs 102 individuals, with plans to increase the workforce to 245 in the next phase of development.

The total investment in the project amounts to 25 million manats. A concessional loan of 6 million manats was provided to the enterprise by the Entrepreneurship Development Fund under the Ministry of Economy. The company has also benefited from the incentives available to residents of the industrial park.

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President Ilham Aliyev also attended the opening ceremony of the IVECO truck and special-purpose vehicle manufacturing plant established by "Az-Tex-Import" LLC.

The company was registered as a resident of the Sumgayit Chemical Industrial Park in April 2022. That same year, the President laid the foundation for the enterprise.

The facility will assemble IVECO trucks and special-purpose vehicles imported from Italy. The second phase of the project includes the production of vehicle bodies. The plant is expected to produce 100 trucks and special-purpose vehicles, as well as 300 vehicle bodies annually.

The project is anticipated to create 150 new jobs across both phases, with 96 individuals already employed in the first phase.

President Aliyev officially launched the enterprise’s operations.

In addition to supplying the domestic market, the plant aims to export its products internationally. "Az-Tex-Import" LLC has also benefited from all tax and customs incentives available to residents of the Sumgayit Industrial Park.

The project, with a total investment exceeding 19.2 million manats, occupies a 4-hectare area within the Sumgayit Chemical Industrial Park.

The commissioning of these new enterprises will further strengthen the development of Azerbaijan’s non-oil sector, expand export markets, accelerate economic diversification, and make a significant contribution to employment growth.