BAKU, Azerbaijan, April 20. Medtest LLC has been given the status of a resident of the Pirallahi Industrial Park under Azerbaijan’s Economy Ministry, Trend reports via the ministry.
The new resident company will implement the "Production of the device for determining sugar content in the blood (glucometer) and test strips" project in the park.
It’s planned to create 20 jobs at the enterprise with an investment cost of 2.75 million manat ($1.62 million).
At present, there are five residents in the Pirallahi Industrial Park.
As of 2021, investments in the park amounted to 36.7 million manat ($21.6 million).