A new resident – Medtest LLC was registered in the Pirallahi Industrial Park, increasing the number of residents to 5, Report informs, citing the Economic Zones Development Agency.
The LLC will implement a project to produce glucose meters and strips in the Park.
The project's investment cost is 2.75 million manats, 82% of which will be formed at the expense of the founder and 18% at the expense of the Azerbaijan Investment Company.
The products will initially be used to meet domestic needs.
The LLC is planned to provide 20 people with permanent jobs.
As of the end of 2021, 36.7 million manats have been invested in Pirallahi Industrial Park.