Sumgayit:A meeting was held at Sumgayit Industrial Park with German Ambassador to Azerbaijan Dirk Lölke, focusing on investment opportunities and cooperation. The park is managed by the Economic Zones Development Agency under the Ministry of Economy.
According to Azerbaijan State News Agency, the German ambassador was informed about the favorable conditions for investors, including tax and customs concessions and infrastructure provisions, in industrial zones. The briefing also covered industrial parks in recently liberated territories.
Discussions during the meeting highlighted potential collaborations with German companies. German businesspeople were specifically invited to explore the opportunities available at Sumgayit Industrial Park. Additionally, Ambassador Lölke was given a tour of ASSAN-STP PANEL LLC, a facility within the park that produces sandwich panels for various applications.