Baku: President Ilham Aliyev has signed an order to expand the territory of the Balakhani Industrial Park, APA reports. The order instructs the Cabinet of Ministers to take measures within three months to transfer an 18.415-hectare land plot, currently used by the Baku Solid Household Waste Incineration Plant and located in the Balakhani settlement of Baku's Sabunchu district, to the use of 'Tamiz Shahar' Open Joint-Stock Company. This transfer will occur under a lease agreement for the purpose of expanding the industrial park. A report on the implementation of these measures is to be submitted to the President of Azerbaijan.
According to Azeri-Press News Agency, the Ministry of Economy, Baku City Executive Authority, and the Azerbaijan Investment Holding have also been tasked with taking the necessary steps to execute the provisions of this order and to address related matters. The expansion aims to enhance the capacity and operations of the Balakhani Industrial Park, contributing to the industrial and economic development of the region.