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President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva have today inaugurated a plant for the production of artificial marble and granite of NB Procurement and Trade LLC in Ganja.
The President and the First Lady were informed about the activities of the enterprise.
President Ilham Aliyev launched the plant.
It was reported that the plant will produce artificial marble, ceramic granite - that is, floor and wall coverings, ceramics and dry construction mixtures. At present, a plant for the production of construction materials with an annual production capacity of 40,000 tons of lining and 20,000 tons of lining has been built and equipment installed here. The raw materials used in the production are imported from Dashkasan, Shamkir, Agstafa and Garadagh districts. The annual production capacity of the enterprise will be 3 million square meters. The products will be sold to the Russian Federation, Georgia and Central Asian republics. More than 300 new jobs have been created at the plant.
Director of the plant Anar Mammadov said that the total cost of the enterprise is 46.5 million manat. Its 10 million manat is a soft loan. An investment promotion document worth 32 million manat was received and 6 million manat was saved.
It should be noted that in Ganja, as elsewhere in the country, entrepreneurship is considered an important subject of overall economic development. Since 2004, the Entrepreneurship Development Fund has provided AZN 51.2 million in loans to 498 entrepreneurs in Ganja. This has created conditions for the creation of new production facilities in the city.