Square Pharma to set up manufacturing plant in Kenya
Search Business Opportunities
Feb, 12 2018

Square Pharma to set up manufacturing plant in Kenya

A major drug producer especially those that relieve digestive distress, such as anti-acids, digestive stimulants and anti-diarrheal medicine Square Pharmaceuticals covers a major chunk of the health caring portion of the Bangladeshi market.

Square Pharma to set up manufacturing plant in Kenya

Square Pharmaceuticals Limited, one of the major pharmaceuticals companies in Bangladesh, is all set to construct a factory in Kenya’s Athi River, a town outside Kenya’s capital Nairobi.

Nairobi-based daily, Business Daily reports the possible boost of Kenya’s drug manufacturing profile in East Africa with the installation of this plant.

According to a report, in a ceremony which is scheduled to be attended by Kenya’s Industrialization Secretary Adan Mohamed, Square Pharmaceuticals will commission the construction of the plant at the Export Processing Zone in Athi River.

A major drug producer especially those that relieve digestive distress, such as anti-acids, digestive stimulants and anti-diarrheal medicine Square Pharmaceuticals covers a major chunk of the health caring portion of the Bangladeshi market. Herbal products and pesticides are also produced by the company.

Bangladesh over the decades has developed a strong base in the pharmaceutical industry, manufacturing up to 97% of the drugs used locally.  According to the Square Pharmaceuticals the establishment of the Kenya plant will facilitate skills and technology transfer.

Comment
User Name
Email
Star Rating
comment
Related opportunities
  • Quick Service Restaurants
    About: as the name suggests, Dhadoom is a fun brand by..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size USD 1,000,000+
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
  • Quick Service Restaurants
    About: Launched in 2012, Chicken Xpress is South Africa's leading brand..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size USD 1,000,000+
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
  • Quick Service Restaurants
    About: Burger Singh is into business of Fats Food Burger Chain..
    Locations looking for expansion New Delhi
    Establishment year 2004
    Franchising Launch Date 2016
    Investment size USD 1,000,000+
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
  • Fashion accessories - women
    About: Malaysia's Leading Chain of Fashion  & Lifestyle concept stores. The company..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size USD 1,000,000+
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi