15:35 - 7.12.2023

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December 7, Fineko/abc.az. Wide tax and customs privileges are applied in the Pirallakhi Industrial Park. Thanks to the provided infrastructure, as well as due to the location, the implementation of the project will be possible in a short time.

ABC.AZ reports that Economy Minister Mikayil Jabbarov stated about this at the groundbreaking ceremony of the enterprise for the production of medicines of Gen Pharma Caucasus Manufacturing Operations LLC in Pirallakhi Industrial Park.

The Minister noted that the medicines that will be produced at this enterprise are intended both to meet the domestic demand of the country and for export.

"This shows that there is favorable business and investment environment in the country. On the other hand, Azerbaijan's signing of trade agreements with neighboring states ensures unhindered access to foreign markets through local and foreign investments," Jabbarov added.