Aghdam: ASMC metal products plant inaugurated in Industrial Park

On 7 November 2026, President Ilham Aliyev attended the inauguration of a metal products manufacturing facility operated by ASMC LLC (main founder Almet Holding OJSC) in the Aghdam Industrial Park. The project has a total value of 24.9 million manats and is implemented in two phases; the first phase, valued at 8.8 million manats, includes nearly 4.7 million manats in bank loans subsidised by the Azerbaijan Business Development Fund (ABDF), while second-phase investments are projected at 16.1 million manats. The plant, on about 1.7 hectares, will make steel mesh, barbed wire, drawn, annealed and galvanized wire, and nails; first-phase annual capacity is 4,920 t steel mesh, 3,480 t drawn wire, 3,180 t nails, 1,800 t annealed wire, 12,000 t wire and 1,080 t cold-deformed rebar. It currently employs 26 people, with permanent jobs expected to rise to 100 at full capacity.