• November 17, 2024

New factory for Azerbaijan

 New factory for Azerbaijan

With Azerbaijan aiming to minimize the import of tobacco products, the tobacco manufacturer, Tabaterra, is to build a tobacco factory in the Sumgayit Chemical Industrial Park, about 30 km from the capital, Baku, according to an AzerNews story.
The factory is expected to have a capacity such that it will be able to meet the country’s total demand for tobacco products.
Meanwhile, Azertutun Ltd, part of the Azerbaijan Industrial Corporation (AIC), has estimated its 2018 production of leaf tobacco at 3,000 tons.
AIC director general Kamran Nabizade was quoted as saying that Azerbaijan had planned to produce 6,000 tons of tobacco this year, of which 3,000 tons would be accounted for by Azertutun.
The AzerNews story said that Azerbaijan was aiming to realise the potential of the leaf tobacco industry by increasing its competitiveness.
Azerbaijani President Ilham Aliyev signed a decree approving the State Program for the Development of Tobacco Growing in Azerbaijan for 2017-2021 on August 10, 2017.
According to the order, the State Program is aimed at developing tobacco production and processing, increasing profitability and export potential, and increasing employment in rural areas.
The state program is said to take account of all the factors necessary for the development of the industry.