Members of Parliament get acquainted with Balakhani Eco-Industrial Park
21/10/2016 09:50
Members of Parliament were informed about the activities and projects implemented by “Tamiz Shahar” JSC during the visit organized by Ministry of Economy. They visited Balakhani Material Recovery Facility and Baku Waste to Energy Plant. It was noted that BMRF with annual capacity of 200 thousand tones was established to segregate municipal solid waste of Baku city and to improve recycling business in the country.
Parliamentarians were informed that Baku WtE plant has annual capacity of 500 thousand tones in waste incineration and annual capacity of 231 mln kWh in energy production. It is possible to cover the energy requirement of 300 thousand residents of Baku city with annually produced electricity in the plant.
Then the members of the Parliament visited Balakhani Eco-Industrial Park. With 7 ha area Eco-Industrial Park is established for recycling of solid municipal waste and for launching new businesses. Favorable conditions were created for potential entrepreneurs and investors who are interested in recycling business. Currently, 5 tenants were registered in industrial park, who are realizing recycling business related to used motor oils, PET bottles, cardboards, polyethylene products and furniture production. It is planned to invest more than 23.4 million manat by the tenants and to open more than 300 work places.
Regular negotiations are still held with potential tenants and “green business” projects are reviewed for realization.
All the questions of parliamentarians were answered and industrial projects were discussed. It was highlighted that industrial parks and industrial zones are of very importance in sustainable development of non-oil sector, in expanding entrepreneurial activities, in development of small and medium entrepreneurs and in increasing employment in industrial sphere.
Industrial parks with modern infrastructure and equipped with advanced techniques and technologies have significant role in developing competitive and import-substituting production, increasing export capacity and involving investments and modern technologies.
