A new resident of Sumgait Industrial Park will implement a project for the production of polystyrene food packaging trays of various sizes.

“MET-AK” LLC has been granted resident status in Sumgait Industrial Park managed by the Economic Zones Development Agency under the Ministry of Economy.

Within the framework of the project, with an investment value of AZN 16.3 million, the company plans to establish a production facility for polystyrene food packaging trays of various sizes in the territory of the Industrial Park.

To date, 39 business entities with a total investment volume exceeding AZN 6.7 billion have been granted resident status in Sumgait Industrial Park. More than AZN 5.6 billion has been invested by the residents.