The Ministry of Economic Development of South Ossetia signed the Investment Agreement with OJSC "Innotechnology", said Minister of Economic Development of the Republic Gennady Kokoev during a press conference in Tskhinval.
"The investment agreement provides for production of medicines on the territory of the Republic on the basis of a large volume of medicinal herbs that grow on the territory of South Ossetia," the minister said.
"The enterprise will be first producing medicines from wild plants, and only then plantations will be laid on the territory of 9 hectares, which will allow it to reach a solid industrial level."
Kokoev has added that Russia will be the core market for the company's products.
