Alat Free Trade Zone
ALAT FREE ECONOMİC ZONE (AFEZ)
Established in the Alat settlement of Garadagh district in Baku in 2020, the Alat Free Economic Zone reinforces Azerbaijan's pivotal position in Europe-Asia logistics chains. The primary aims of establishing the Alat Free Economic Zone are to facilitate value-added and export-driven manufacturing, attract investors utilizing cutting-edge technologies, bolster sustainable development of the national economy, and enhance employment opportunities within the country. Beyond its significant role in international cargo transit, it fosters Azerbaijan's potential to emerge as a regional trade hub, encourages domestic production, and elevates the global recognition of products under the "Made in Azerbaijan" brand.
The approved Master Plan of the Alat Free Economic Zone covers 719 hectares of area, spread over three separate zones. In total, 5032 ha of territory has been already allocated to AFEZ by the Government, while an additional 3000 ha of area has been reserved for the future expansion.
The legal framework for the development, operation, and governance of the Alat Free Economic Zone (AFEZ) is established by the Law of the Republic of Azerbaijan “On the Alat Free Economic Zone.” The Law on the Alat Free Economic Zone stipulates that AFEZ legislation, comprising the Law on AFEZ and its internal regulations, takes precedence over the general economic legislation.
Incentives
In line with international benchmark locations, the AFEZ will provide a package of fiscal and non-fiscal incentives for investors engaged in high value-added and export-oriented manufacturing and internationally traded services.
Transportation-Logistics Centers
Transport by road: Logistics center has been established on the territory of 5 hectares with annual capacity of 500,000 tons for goods transported by road.
Transport by rail: Logistics center will be established on the territory of 21 hectares for goods transported by rail.
Transport by air: Cargo Airport will be established with the initial annual capacity of 500,000 tons, with further gradual increase reaching up to 1.5 million tons per year.
Transport by sea: AFEZ is located in vicinity of Baku International Sea Trade Port.
For more information visit: https://afez.az/