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Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

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asphalt, m<strong>in</strong>eral waters, sp<strong>in</strong>n<strong>in</strong>g and sew<strong>in</strong>g consumer goods,<br />

confectionery, furnish<strong>in</strong>gs, woodwork etc. Opportunities with<strong>in</strong><br />

tourism <strong>in</strong>dustry should be emphasized.<br />

Ganja-Gazakh economic region<br />

Mild climate, beautiful natural attractions, m<strong>in</strong>eral waters create<br />

favourable conditions for development of recreation and tourism<br />

bus<strong>in</strong>ess <strong>in</strong> this region. There are magnificent Goy-Gol and<br />

Hajikend resorts 1,500 m above sea level. Naftalan is world famous<br />

for natural medic<strong>in</strong>al oil.<br />

Ganja-Gazakh is the second largest economic power <strong>in</strong> the country.<br />

The region gives 12-13% of the total output. Industry consists of<br />

process<strong>in</strong>g and manufactur<strong>in</strong>g. Metallurgy is largely located <strong>in</strong><br />

Ganja and Dashkasan.<br />

Heavy manufactur<strong>in</strong>g holds lead<strong>in</strong>g position. Other sectors are<br />

automotive, agricultural mach<strong>in</strong>ery services, telecoms. Agricultural<br />

produce forms the supply base of the region’s light <strong>in</strong>dustry.<br />

This region gives 13-14% of total agricultural production, 80-85% of<br />

potato, 28% of grapes and 15% of animal breed<strong>in</strong>g of <strong>Azerbaijan</strong>. In<br />

Ganja and Gazakh the major sectors <strong>in</strong> agriculture are potato,<br />

grapes, gra<strong>in</strong>, vegetables and fruits.<br />

Cotton is cultivated <strong>in</strong> Goranboy, Gazakh and Agstafa. Shamkir and<br />

Samukh are specializ<strong>in</strong>g <strong>in</strong> grapes. Gadabay, Shamkir and Tovuz are<br />

leaders <strong>in</strong> potato and Goranboy is specializ<strong>in</strong>g <strong>in</strong> gra<strong>in</strong>. Garden<strong>in</strong>g,<br />

fruits and animal breed<strong>in</strong>g are also the rapidly grow<strong>in</strong>g segments<br />

of the local economy.<br />

OVERVIEW OF THE REGIONS<br />

131

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