DEVELOPMENT CONCEPT “AZERBAIJAN - 2020: OUTLOOK FOR THE FUTURE” Project investments, observe environmental rules, establish a production chain up to the manufacture of the end product, increase the competitiveness of finished products and expand export and the range in this field. At the same time, the involvement of the country’s natural and economic resources in the economic turnover will expand and the efficiency of their use will increase. During the period covered by the concept, it is planned to carry out stimulating measures to speed up the use of alternative (renewable) energy sources, develop the institutional environment, strengthen the scientific-technical potential, continue training specialists and enlighten energy consumers. Along with projects carried out by the state in this field, the close involvement of the private sector in this process will be promoted and the quick regulation of alternative energy tariffs will be ensured. A production, social and market infrastructure network that serves to develop the non-oil sector and meets modern requirements and the use of modern forms of economy and management will be expanded. Measures will be carried out in regions to establish the activities of industrial enterprises based on local raw materials at a qualitatively new level and to create new enterprises. During the period when the concept is implemented, steelworks, oil and gas refineries, petrochemical complexes, fertilizer factories, shipyards and cement plants will be built in the country. The aluminium industry will be developed, the production of first aluminium will increase, a technological chain up to the production of the end product will be established with the involvement of the private sector and the potential of export in this sphere will expand. The use of innovative technologies in industrial enterprises will be stimulated and special and general industrial estates will be set up. Along with the development of the non-oil processing industry, the formation of the industrial estate infrastructure in economic districts will be the main sphere of the state investment policy. From this point of view, during the period covered by the concept, it is planned to create a special economic zone and industrial estates in every economic district taking into account economic potential (including industrial estates for the processing of petrochemical products in Sumgayit, the processing of domestic waste in Balakhani and the production of metal (aluminium) products in Ganja). Along with the development and boosting of the export potential of the traditional production spheres of the non-oil industry (chemical industry, metallurgy, machinery construction, electrotechnology, electronics, light industry, food industry, etc.), the creation of new competitive spheres will be supported. Stimulating mechanisms will be applied to intensify local and foreign investment in the country’s non-oil sector, while the investment 15

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