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UAE company to build pharmaceutical plant in Azerbaijan

Business Materials 9 February 2017 12:12 (UTC +04:00)
VPS Healthcare company (UAE) will build a pharmaceutical plant in Azerbaijan
UAE company to build pharmaceutical plant in Azerbaijan

Baku, Azerbaijan, Feb. 9

By Azad Hasanli – Trend:

VPS Healthcare company (UAE) will build a pharmaceutical plant in Azerbaijan, the country’s Economy Ministry said.

The plant’s construction is envisaged by the memorandum signed by the VPS Healthcare company with Azerbaijan Investment Company.

The document was signed during the visit of Shamsheer Vayalil, managing director of the VPS Healthcare, to Azerbaijan. During his visit, Vayalil met with Azerbaijani Economy Minister Shahin Mustafayev.

Mustafayev informed the guest about the work on creation of the pharmaceutical industry, improvement of the investment and business environment.

In turn, Vayalil noted that Azerbaijan has great potential for the development of the pharmaceutical industry and his company is interested in cooperation in this sphere.

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