Baku: Azerbaijan has successfully exported 100 tons of electrodes to Turkmenistan, marking another significant milestone for the Neftachala Industrial District. This latest shipment is part of a broader strategy where Azerbaijan plans to export a total of 600 tons of electrode products to Turkmenistan in a phased manner.
According to Azeri-Press News Agency, the Economic Zones Development Agency revealed that the resident of the Neftachala Industrial District, ‘Gedik Kaynak’ LLC, spearheaded this export initiative. Registered as a resident of the district in 2021, Gedik Kaynak LLC produces electrodes in eight sizes and two types. The company is set to expand its production line to include stainless steel and aluminum electrodes in the near future.
The Neftachala Industrial District, established in 2015 and operational since 2017, spans an area of 10 hectares. It is the first industrial district in Azerbaijan, created to support various sectors such as fishing, food, automobile, and feed production. The district currently hosts six business entities with a combined investment portfolio exceeding 63 million manat. Five of these entities are actively operating, and they have collectively created over 300 permanent jobs.
With a monthly production capacity of 330 tons, Gedik Kaynak LLC is the sole producer of electrodes in Azerbaijan, contributing significantly to the nation’s industrial output. The enterprise, which required an investment of 7.5 million manat, has generated over 20 permanent jobs.
The Neftachala Industrial District has facilitated the export of various products, including fish feed and electrodes, under the “Made in Azerbaijan” brand. These products have reached markets in Iraq, Turkmenistan, Uzbekistan, and the Kyrgyz Republic, showcasing Azerbaijan’s growing industrial capabilities.