Azerbaijani President Participates In Opening Of“Diamed” Medicines Manufacturing Plant In Baku
Date
8/15/2023 7:24:46 AM
(MENAFN- AzerNews) President of the Republic of Azerbaijan Ilham Aliyev has
attended the inauguration of“Diamed” medicines manufacturing plant
in the district of Pirallahi, Baku.
Minister of Economy Mikayil Jabbarov and founder of“Diamed
Development Group” LLC Ayten Guliyeva briefed the head of state on
the works done.
A video highlighting the importance of the project was
screened.
The drug manufacturing plant opened by“Diamed Development
Group” LLC in the Pirallahi Industrial Park covers the total area
of 1 hectare including the 3 thousand square meter production
site.
The Azerbaijan Investment Company OJSC has a 20% participating
interest in the plant, which has a total value of 15.6 million
manats.
The Entrepreneurshıp Development Fund of the Economy Ministry
also provided a 6 million manats soft loan to the drug
manufacturer.
President Ilham Aliyev launched the plant.
The head of state viewed the production process. The plant is to
manufacture a wide assortment of medicines (NaCl 0.9%, Ringer,
Ringer Lactate, Glucose etc) and intravenous fluids. The plant's
yearly production capacity is 20 million liters. Given the
country's yearly demand of 15 million liters, the company is
scheduled to export its products to Russia, Georgia and Central
Asian countries.
“Diamed” medicines manufacturing plant employs 100 people.
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