Investment agreements were signed to develop Astana pharmaceutical cluster

The Akimat of Astana (Kazakhstan) signed a number of memorandums and agreements in the total amount of 100 billion tenge for the development of pharmaceutical cluster.

This includes:

  1.  An agreement with Astana Pharm Biosyntez LLP on the construction of an industrial complex for manufacturing the finished medicinal products and pharmaceutical substances in Astana;
  2.  An agreement with KAZMEDPRIBOR Holding LLP on the construction of a plant for manufacturing the medical equipment in Astana;
  3.  An agreement with Eira Med LLP on the construction of a plant for manufacturing the medical devices in Astana;
  4.  An agreement with New Engineering Technologies KZ LLP on the construction of a plant for manufacturing elastic titanium implants in Astana.

The projects scheduled for implementation in 2018 include the construction of an industrial complex for manufacturing the finished medicinal products and pharmaceutical substances in Astana. A corresponding joint document was signed between the Akim of Astana and the Chairman of the Board of ERG S.a.r.l.

The project provides for the establishment of a new high-tech industrial complex in the pharmaceutical industry of Kazakhstan that will meet the requirements of today’s international GMP standards. These products will be demanded in the domestic market, as well as in EAEU and EU. The amount of investments is more than 90 billion tenge.

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