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International Internet Magazine. Baltic States news & analytics Sunday, 20.01.2019, 17:41

Memorandum of cooperation signed on establishment of life sciences and technology park in Latvia

BC, Riga, 05.12.2017.Print version
During the sixth summit the China, Central and Eastern European (16+1) leaders, a trilateral cooperation memorandum was signed by global genomics services company BGI, the Wuhan National Bio-industry Base and the Economic Ministry of Latvia on establishment of a life sciences and technologies part in Latvia, the ministry reported LETA.


Economics Ministry’s deputy state secretary Raimonds Aleksejenko who signed the memorandum on behalf of Latvia, said that the agreement is a significant step towards establishment of a European level life sciences and technologies park. "Cooperation with such strong partners will help Latvia to become one of European leaders in life sciences," he said.

The park will operate as an innovation and cooperation platform for life sciences companies and researchers, ensuring access to laboratories, mentor services, etc.

BGI is the biggest genome sequencing organization in the world, employing more than 5,000 researchers in several countries. The company was founded in 1999 in Shenzhen, China. BGI’s mission is to leverage its genomics expertise in order to advance life science research and improve human health for the benefit of mankind.

The 16+1 summit was held on November 27 in Budapest, Hungary. Latvia was represented in the summit by Prime Minister Maris Kucinskis.

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