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New basalt facility in Ganja combines sustainability with economic growth potential

12 29
22.08.2025

President Ilham Aliyev and First Lady Mehriban Aliyeva’s participation in the groundbreaking of a new basalt products manufacturing facility in Ganja signals not only the government’s continued emphasis on industrial diversification but also its broader strategy of embedding regional cities into Azerbaijan’s economic modernisation drive.

The plant, to be operated by “Azerbazalt” LLC, is designed to produce up to 360,000 tons of organic fertiliser annually, positioning Azerbaijan to strengthen its agricultural base with locally produced, value-added inputs. By using basalt powder as the primary raw material, the enterprise introduces an innovative approach to soil enrichment, one that could reduce dependency on imported fertilisers and align with the country’s sustainability agenda.

The project’s phased implementation, with an initial $15.9 million investment, reflects a cautious yet deliberate scaling model. The involvement of the Azerbaijan Business Development Fund, holding a 30 per cent stake, underscores the state’s role in........

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