The Azerbaijan Investment Company and the Turkish pharmaceutical company Gen İlaç ve Sağlık Ürünleri Sanayi ve Ticaret A.Ş. have signed joint participation and cooperation agreements for the establishment of a pharmaceutical products manufacturing plant in Pirallahi Industrial Park equipped with state-of--the-art technologies, Azerbaijan's Economy Minister Mikayil Jabbarov said, Report informs.
"At the initial stage, the enterprise with an investment volume of $35 million will have a production capacity of 35 million boxes. We will continue our collaborative efforts with our brotherly country to enhance economic ties across all sectors," he tweeted.