A memorandum of understanding on cooperation in various areas has been signed between the Economic Zones Development Agency (İZİA), operating under Azerbaijan's Ministry of Economy, and Turkey's Adana Hacı Sabancı Organized Industrial Zone (Adana Hacı Sabancı Organize Sanayi Bölgesi). İZİA reported the signing.
The document was signed during a visit to the Sumgayit Industrial Park by a delegation from the Adana industrial zone, which came to Azerbaijan with the organization of Azerbaijan's Trade Representative Office in Turkey.
During the meeting, the sides exchanged views on the activities of industrial zones in the two countries, expanding cooperation in the industrial sector, opportunities for investors and new joint initiatives.
The memorandum was signed by Agil Azizov, Deputy Chairman of the Board of İZİA, and Bekir Sütcü, Chairman of the Board of the Adana industrial zone.
According to the document, one of the main areas will be expanding business ties between industrial enterprises and investors. Exchange of experience is also planned in the introduction of green technologies in industrial zones, improving energy efficiency, digitalization, innovation and clustering. Joint initiatives, strengthening ties between enterprises and using mutual experience are envisaged. The cooperation is expected to contribute to the development of ties between the industrial zones of the two countries and create new opportunities for business.
As part of the visit, the guests got acquainted with the activities of a number of enterprises in the Sumgayit Industrial Park, received information about ongoing projects, the work of production facilities and the infrastructure created.
According to the Adana industrial zone, it has been operating since 1973 and covers an area of about 2,200 hectares. It hosts more than 500 industrial enterprises operating in the textile, machine-building, chemical, food and other industries, employing over 42,000 people. Modern infrastructure, energy efficiency measures and environmental protection projects are cited among the main elements of support for enterprises.
Along with enterprises, the zone also hosts personnel training and social facilities: a vocational school of Çukurova University, a technology college, a polyclinic and a kindergarten for 200 children. Projects are also being implemented for training qualified workforce in line with the needs of enterprises, supporting employment, environmental protection and social responsibility.