Sumqayit is the third-largest city in Azerbaijan, located near the Caspian Sea, about 31 kilometres (19 miles) away from the capital, Baku. The city has a population of around 298,000, making it the third-largest city in Azerbaijan after the capital Baku and Ganja. The city has a territory of 83 square kilometres (32 sq mi). It was founded on November 22, 1949. Two settlements are within the city administration: Jorat and Haji Zeynalabdin, a settlement named after oil businessman and philanthropist Haji Zeynalabdin Taghiyev. It is home to Sumqayit State University.