Production capacity and markets
The approximately 1.7-hectare site will produce steel mesh, barbed wire, drawn wire, annealed wire, galvanized wire and nails for domestic customers and export. Its equipment comes from manufacturers in Italy, Germany, Türkiye and China.
First-phase annual capacity is set at 12,000 tons of wire, 4,920 tons of steel mesh and 3,480 tons of drawn wire. The phase also provides capacity for 3,180 tons of nails, 1,800 tons of annealed wire and 1,080 tons of cold-deformed rebar per year.
The second phase calls for annual capacity of 10,000 tons of galvanized wire and 8,240 tons of high-carbon drawn wire.
APA reported that the steel mesh, wire and nails made by the enterprise are widely used in construction and restoration work in the liberated territories. Producing those materials within the region is expected to supply local projects and lower transportation costs.
The plant has 26 employees. Permanent employment is expected to reach 100 once it operates at full production capacity.
Ownership, financing and investment support
ASMC became a resident of Aghdam Industrial Park in 2024. Its main founder is Almet Holding OJSC, whose founder, Shirin Jamalli, explained the plant's operations to Aliyev during the visit.
The project's first phase is valued at 8.8 million manats. Private investment is supplemented by nearly 4.7 million manats in bank loans subsidized by the Azerbaijan Business Development Fund, which operates under the Ministry of Economy. A further 16.1 million manats in investment is projected for the second phase.
ASMC's status as a park resident has also provided 470,000 manats in value-added tax and customs duty exemptions. APA described the park's infrastructure, tax and customs relief, and the fund's concessional financing and guarantees as measures encouraging private investment in the region. They form part of broader efforts led by the president to reintegrate the liberated territories into Azerbaijan's economy.
Almet Holding has another steelmaking business in Sumgait: its subsidiary ASPM produces long steel products there. The holding's website lists ASPM's monthly capacity at up to 15,000 metric tons for melting and up to 20,000 metric tons for rolling.
The park's development and output
Aghdam Industrial Park was established in 2021 and has a project area of 190 hectares, according to an Azernews analysis published on October 20, 2026. Work on its infrastructure began in May 2021.
In an August 5, 2026, update, the Ministry of Economy's Economic Zones Development Agency ranked Aghdam second among Azerbaijan's existing industrial zones by resident count, behind Sumgait Industrial Park.
At the agency's media tour that day, the park had 30 resident businesses with planned combined investment of up to 300 million manats, alongside four entrepreneurs with non-resident status. Investors had already committed more than 177 million manats and created 1,230 permanent jobs.
The August update recorded 12 operating enterprises, another 12 under construction and 10 at the design stage. About 60% of the park's land had been allocated for business use.
The agency put sales by park enterprises at 976 million manats for January through June 2026, including exports worth 42 million manats. Separately, Azernews reported that industrial output across Aghdam district exceeded 1 billion manats in 2025, rising 17.4-fold from a base of about 58 million manats in 2024.
The October 20 Azernews analysis also reported approval that month for two additional park enterprises: a flour mill and a plant to produce oil from sunflower, corn, soybean and cottonseed.
