Aghdam: President of the Republic of Azerbaijan Ilham Aliyev laid the foundation stone for the production facility of Saloglu Garabagh LLC in Aghdam Industrial Park.

According to Azerbaijan State News Agency, Tajeddin Mustafayev, founder of Saloglu Garabagh LLC, provided President Aliyev with information on the plans for the new facility. The enterprise will occupy a one-hectare site within the Aghdam Industrial Park. The project involves building a factory to produce furniture, including living room and bedroom sets, as well as upholstered and metal furniture accessories.

The production facility will incorporate technologies from Trkiye, Germany, and China, with an annual production capacity anticipated at 4,000 furniture sets and 6,000 metal furniture accessories. The products are intended to satisfy both domestic market demand and export needs. The total investment for the project is estimated at 8 million manats.

To support the establishment of the facility, a preferential loan is expected to be provided by the Azerbaijan Business Development Fund under the Ministry of Economy. Additionally, the enterprise will receive all tax and customs incentives available to residents of the industrial park. The project is projected to create 50 permanent jobs.