Azerbaijan Invests in Vegetable Oil Production Facility
Azerbaijan's Ministry of Economy has announced plans to establish a new vegetable oil production facility at the Aghdam Industrial Park. The project, worth $8.35 million, will be carried out by Aghdam Agro Oil LLC, which has been granted resident status at the park.
The facility will produce refined and unrefined sunflower, corn, soybean, and cottonseed oils, supporting the reconstruction of liberated territories and developing Karabakh's industrial potential.
The Aghdam Industrial Park was established in 2021 on a 190-hectare site under a presidential decree. The park aims to support entrepreneurship and increase employment in the production sector, with priority areas including construction materials, agricultural product packaging, and food processing.