Azerbaijan and Ukraine ink MoU of $ 17 mln

Baku. 20 October. REPORT.AZ/ The 'Azerbaijan Investment Company' OJSC and Ukrainian Indar company have signed a memorandum of understanding (MoU) within the Azerbaijani-Ukrainian business meeting in Baku.

Report informs, the document envisages establishment of an enterprise at Pirallahi Industrial Park, in the area of 3 hectares for production of infusion and injection solutions in compliance with international standards (GMP).

The project with investment cost of $ 17 mln includes creation of about 350 new jobs.