Angola aims to establish a pharmaceutical complex by 2026 in Icolo and Bengo, producing 1.7 million tablets, 50 million vials of medicine, 35 million bags of serum, and 13,000 kg of medical gases annually. The project is supported by the Angolan Sovereign Fund and is expected to be completed in 18 months, contributing to the 89 existing industry projects within the Special Economic Zone.
Angola is set to establish a pharmaceutical production complex by 2026, strategically located within the Special Economic Zone (ZEE) in Icolo and Bengo province. This facility is designed to produce an impressive annual output of 1.7 million tablets and capsules, alongside 50 million injectable medicine vials. Under the management of the Vitaflor company, it is also slated to manufacture 35 million bags of serum and 13,000 kilograms of medical gases each day, as reported by Jornal de Angola.
The ambitious project, financed by the Angolan Sovereign Fund (FSA), has recently begun with the ceremonial laying of the first stone. The project partners anticipate completion within the next 18 months, marking a significant stride towards enhancing local pharmaceutical production capabilities. Currently, the Special Economic Zone hosts over 60 business projects, primarily focusing on food and pharmaceuticals.
Manuel Pedro, President of the Board of Directors of the SEZ, expressed optimism regarding the forthcoming industries. In the coming months, Angola is expected to welcome multiple new pharmaceutical and food processing facilities, thereby increasing the number of operational industries in the area to 89 across various sectors.
In summary, Angola’s initiative to develop a pharmaceutical production complex by 2026 signifies a crucial investment in local healthcare capabilities. With a projected output of various essential medical products and ongoing support from the Angolan Sovereign Fund, this project is poised to enhance the country’s pharmaceutical landscape significantly. The continuous growth of industries within the Special Economic Zone aligns with national development goals.
Original Source: www.plenglish.com
