Turkish Demiroren Holding to open pharmaceutical plant in Azerbaijan

Turkish Demiroren Holding to open pharmaceutical plant in Azerbaijan

Turkish Demiroren Holding will open a pharmaceutical plant in Azerbaijan, and an agreement on this issue has already been reached, TurkicWorld reports citing Turkish media.

The corresponding agreement was signed with the participation of the Minister of Economy of Azerbaijan Mikayil Jabbarov, Chairman of the Board of Demiroren Holding Yildirim Demiroren and Turkish Ambassador to Baku Jahit Bagchi.

According to Jabbarov, the project will be an important start for local production in the pharmaceutical market.

The head of Demiroren Holding said that the investment will be made in two stages. The first stage, he said, is planned to be completed within three years.