Currently, five industrial parks – Sumgait, Balakhani, Mingachevir, Garadagh, and Pirallahi, and four industrial sites – Neftchala, Masalli, Hajigabul, and Sabirabad operate in Azerbaijan. The residents of industrial parks are exempt from property, land and profit taxes for 10 years from the date of their registration. They are also free from paying value-added tax (VAT) and customs duties for machinery, technological equipment, and facilities imported for production purposes, for 10 and 7 years, respectively, since being granted residency status.

Meanwhile, the government has established two new industrial parks in the Azerbaijani territories liberated from the Armenian occupation in 2020, namely the Aghdam and Jabrayil districts.

Construction at the Aghdam Industrial Park is scheduled to start sometime in August on a territory measuring 190 hectares (470 acres). Nine enterprises have already been granted a residency status at the park. The priority areas of the park are the production of construction materials, packaging of agricultural products, canned fruits and vegetables, meat and dairy products, production and processing of feed and fertilizers, as well as refrigeration, storage, and other services. Residents are expected to invest a total of nearly $30 million in the Aghdam Industrial Park.

The foundation stone of the “Araz Valley Economic Zone” Industrial Park in Jabrayil was laid in October 2021. The country’s authorities have granted 200 hectares (494 acres) of land for the park’s construction. Once completed, it will comprise agricultural processing, industrial, social, and technical zones. A logistics and trade center, warehouse complexes, wholesale and retail facilities, a truck park, customs point, filling stations, car, and other equipment repair points will also operate in the park. The resident enterprises will have the necessary conditions to produce construction materials, pack agricultural products, as well as manufacture and process canned fruits and vegetables, wine, meat, silk, and others.