Mr. President launched our new plant in IQ Neftchala!

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Mr. President launched our new plant in IQ Neftchala!
  • 24 SEPTEMBER 2017

Mr. President launched our new plant in IQ Neftchala!

On September 24, 2017, the first industrial quarter in Azerbaijan, IQ Neftchala, was put into operation

The opening ceremony of the quarter took place at the METAK plant with the participation of the President of Azerbaijan.

Currently, there are 9 participants registered at IQ  Neftchala established at the initiative of President Ilham Aliyev and covering an area of 10 hectares: METAK LLC, Azevrocar LLC, Kahf LLC, Gilan PIVOT LLC, Togrul-2008 LLC, Providence Limited LLC, Azproduct LLC, Sun Rise Production LLC, Petrogeoaz LLC.

METAK will use its injection machine installed at IQ Neftchala to produce plastic products from virgin raw materials, including large plastic boxes for farming. The company's products will largely contribute to meeting the demand for packaging materials in the domestic market, especially in agriculture. It is also planned to establish new production lines at the plant. Industrial quarters will support small and medium-sized enterprises and considerably increase the number of new jobs.

The plant currently employs 12 people and that number is expected to increase in the near future. Thanks to such industrial quarters, it is possible to centralise manufacturing in regions, improve its efficiency, and stimulate the establishment of new enterprises and cooperation between them. We congratulate our neighbours at IQ Neftchala and wish them success in all their endeavours.


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