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Caspian Energy Journal Caspian European Club
Tuesday, 14 June 2016 11:00

Masally industrial block under creation in Azerbaijan

President of the Republic of Azerbaijan Ilham Aliyev signed (June 13) an Order “On creation of the Masally Industrial Block”, Caspian Energy News (www.caspianenergy.net) reports with reference to the press service of President of Azerbaijan.

In order to lend support to small and medium entrepreneurship in the field of industry, ensure sustainable development of the non-oil sector and growth of employment of the population in the field of production, the head of state ordered to create Masally industrial block in Masally district. Enterprises on production and processing of products in non-oil sector of the industry as well as service enterprises are being created in the area of Masally industrial block in order to lend support to small and medium businesses.

The Cabinet of Ministers of the Republic of Azerbaijan has been assigned to take necessary measures within a three month period, concerning the allocation of a 10ha land area for the activity of the Masally industrial block.

Ministry of Economy of Azerbaijan has been assigned to take necessary measures in order to lend other services for creation of external and internal infrastructure (electricity and heating energy, gas, water, sewage, communication, transport, administrative, social and other infrastructure facilities) of Masally industrial block and efficient performance of the entrepreneurial activity as well as solve other issues arising from the current Order. 

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