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Home / Healthcare / 10 mln GEL Investment on Construction of Pharmaceutical Plant
10 mln GEL Investment on Construction of Pharmaceutical Plant

10 mln GEL Investment on Construction of Pharmaceutical Plant

JSC “Geo biomedicals” will invest 10 mln GEL in the construction of pharmaceutical plant.

There will be employed 50 people in the newly opened enterprise equipped with modern machinery. The Ministry of Economy and Sustainable Development, “State Property Agency” transmitted the 2802 square meters of land located in Tbilisi, Kakheti highway and also 18966 square meter land in the Academic city area at amount of 500 000 GEL.

According to the contract terms within 42 months period pharmaceutical product manufacturing enterprise will be set up and start its functioning.