A Belarusian-Lithuanian enterprise is investing almost 1.5 million euros in the production of homeopathic drugs

January 3, Vitebsk / Sergei Kochetov - BELTA /. Belarusian-Lithuanian joint venture "AconitPharma" plans to implement an investment project in the Vitebsk region to organize the production of homeopathic medicines. This was reported to a BELTA correspondent by the regional territorial fund "Vitebskoblimushchestvo". The Belarusian-Lithuanian tandem of founders intends to invest almost 1.5 million euros in the creation of a homeopathic medicine production facility with an annual capacity of up to 5 million packages. It is planned to master the production of 11 types of such medicines, which were developed by Belarusian and Lithuanian specialists. The implementation of the project is expected to create more than 60 jobs. In accordance with Decree No. 108 "On Certain Measures to Involve Unused State Property into Economic Circulation" dated February 27, 2007, the investing enterprise will be granted communal real estate for gratuitous use for 3.5 years. In total, three buildings with a total area of about 2.2 thousand sq. m. of one of the communal enterprises in the urban settlement of Beshenkovichi will be transferred to the investor. The real estate, with an estimated value of about Br660 million, has not been used since 2004. In case of successful implementation of the project, which is planned until 2014, the communal property will be transferred to the investor as ownership. The investment project has received a positive conclusion from the expert council under the regional executive committee. In total, in the Vitebsk region, three investment projects for the creation of new production facilities are currently at various stages of implementation, for which assistance was provided in the form of gratuitous use of long-unused communal property. -0-