A plant producing Russian flu vaccines will be built in Nicaragua before October 2016, Russian Healthcare Minister Veronika Skvortsova told a news conference on Wednesday.
"This is a major project for our country. We are organizing a joint enterprise to produce medicinal immunological drugs, vaccines, and we begin with a vaccine against seasonal flu," Skvortsova said.
She said the design and estimate documentation was fully ready and the foundation stone had been laid. "It is important that we have registered our Russian vaccine in Nicaragua and obtained a certificate for it," the minister noted.
The project is estimated at about $20 million, of which $14 million will come from the Russian budget, while the rest from the Nicaraguan, she said.
The project would be repaid, she noted, saying the country would get the money back within quite a short period of time.
First published by TASS.
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