15:24 - 11.03.2025

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March 11, Fineko/abc.az. Residents of the Pirallakhi Industrial Park have so far produced output for 61 million manats, As ABC.AZ reports, referring to Economic Zones Development Agency.

The park's resident status is held by 7 business entities, whose investments in projects are estimated at over 121 million manats.

They have so far invested over 43 million manats in projects, which has created more than 160 new jobs.

Park's activity is aimed at developing the pharmaceutical industry in Azerbaijan, meeting domestic demand for medicines, developing local production and increasing employment.

On September 14, 2016, the Azerbaijani President signed an order on the establishment of the Pirallakhi Park, whose territory is 30 hectares.