Sumgayit Technologies Park

Sumgayit Technologies Park (Azerbaijani: Sumqayıt Texnologiyalar Parkı, STP) launched in 2009, is the first Technology Park of its kind in Azerbaijan and the South Caucasus region. The park is located in Hacı Zeynalabdin settlement, north of Sumgait city. Currently, STP occupies about 250 hectares (2,500,000 m2) of land and it is planned to expand further.

Sumgayit Technologies Park
Sumqayıt Texnologiyalar Parkı
Hot-dip galvanization process in Sumgayit Technologies Park
AbbreviationSTP
FormationDecember 22, 2009 (2009-12-22)
Location
Coordinates40.602°N 49.594222°E / 40.602; 49.594222
Emin Mammadov
Staff (2019)
2000
Websitestp.az

About

STP was launched by the President of Azerbaijan, Ilham Aliyev on 22 December 2009.[1] It was the first technology park to operate under market conditions in Azerbaijan.

More than 2000 people are currently employed in the production and construction-installation fields of the organization, and after the launch of all planned plants, 10,000 more people are expected to be employed.[1]

Products manufactured at STP include electrical equipment, cables, machine building, polymeric products, steel fabrication, hot-dip galvanizing, sandwich panels, ventilation systems, polyvinyl chloride windows, technical cases, solar panels, payment terminals[2] and powder coating.

In March 2017 Emin Mammadov was appointed as STP's executive director.

Plants

Sumgayit Technologies Park consists of 12 plants:

  • The Cable Plant
  • Plant of Polymeric Products
  • Electric Equipment Plant
  • Plant of Sandwich Panels
  • Mechanical Processing Plant
  • Welding and Assembly Plant
  • Metalworking Plant
  • Anticorrosive Coatings Plant
  • Plant for the Production of Aluminum and Copper Profiles
  • Plant of Technical Gases
  • Construction Products Plant
  • Transformer Plant

References

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