Within the framework of the Russian-Azerbaijan business forum held in Baku, “Vitas-A” company and Investment company from Azerbaijan signed with Russian “R-Farm” a memorandum on the construction of a pharmaceutical plant in Azerbaijan.
According to the Russia-wide non-governmental organization, “Business Russia”, Alexey Repik, specific construction work of a new enterprise will start this year.
“This process isn’t immediate. This is complex technological production. However we suppose that the next year the first phase of the production will be realized, Mr Repik told reporters.
For the purpose of the project implementation, a joint Hayat Farm enterprise will be established.
The enterprise is planned to be built in the area of the Apsheronsk district in the suburb of Baku, the capital city of Azerbaijan.
