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
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