Commodities
Azerbaijan Boasts New Vegetable Oil Facility at Aghdam Industrial Park
Azerbaijan's economic growth has taken another step forward with the establishment of a new vegetable oil production facility at the Aghdam Industrial Park.
Agdam Agro Yağ LLC, a resident of the park, is investing $8.3 million to produce refined and unrefined sunflower, corn, soybean, and cottonseed oils.
The project's total investment value stands at 14.2 million manat, with an exemption from property, land, income, and profit taxes for a period of 10 years.