The volume of investments in the Pirallahinsky industrial park has been announced – 2024-08-04 01:23:40

by times news cr

2024-08-04 01:23:40

The activities of the Pirallahi Industrial Park, which is managed by the Azerbaijan Economic Zones Development Agency (IZIA), contribute to the development of the pharmaceutical industry, meeting the population’s needs for medicines, stimulating local production and employment.

As reported on Thursday by Day.Az, information about this was disseminated by İZİA.

According to the information, 7 business entities with investment capital of more than 121 million manats have been granted the status of industrial park resident, and 2 of them have already started production activities. To date, the industrial park has sold products worth 53 million manats.

It was emphasized that up to 41 million manats were invested in the Pirallahi Industrial Park, and more than 150 permanent jobs were created. In addition, existing projects are expected to additionally invest more than 76 million manats in investments, creating more than 400 jobs.

It should be noted that the Pirallahinsky industrial park was created in 2016 by the corresponding order of the head of state.

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