BAKU, Azerbaijan, July 25. Falck LLC has been granted the status of a resident of Pirallahi Industrial Park, Trend reports.
According to the Agency for Development of Economic Zones of Azerbaijan, the number of residents of this industrial park has reached 7.
The new enterprise will produce containers for blood storage and testing. The volume of investments in the enterprise is 4 million manat ($2.3 million), and it is planned that it will provide permanent employment for 40 people.
The products manufactured at the enterprise will be traded both in the domestic market and exported abroad.
The Pirallahi Industrial Park is mainly designed for pharmaceutical companies. The park consists of two parts: one is 20 ha and the other is 10 ha. The volume of investments is about 120 million manat ($70.5 million).