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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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The industry is starting to rehabilitate the suspended factories in the Samarra Pharmaceutical Compa

rocky
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The industry is starting to rehabilitate the suspended factories in the Samarra Pharmaceutical Compa Empty The industry is starting to rehabilitate the suspended factories in the Samarra Pharmaceutical Compa

Post by rocky Thu Oct 21, 2021 8:36 am

The industry is starting to rehabilitate the suspended factories in the Samarra Pharmaceutical Company

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On Thursday, the Ministry of Industry and Minerals announced an investment plan to rehabilitate all dilapidated or suspended factories for the General Company for the Industry of Pharmaceuticals and Medical Supplies in Samarra.
The company's general manager, Khaled Mohi Alwan, said in a statement reported by the official "Al-Sabah" newspaper and seen by "Al-Iqtisad News", that "the company has prepared a comprehensive investment plan to develop and rehabilitate all dilapidated factories and main departments or those that have been out of work for a long time, through the conclusion of partnership contracts. With local and foreign companies to produce new products that will be launched in the local markets for the first time in the country."  
He added that "all the projects mentioned will be investment in accordance with the private law, but they will not be counted within the company's investment plan, but will be considered as projects that are produced for the first time within the single window, meaning projects are presented by investors in cooperation with the Samarra Pharmaceutical Company."  
Alwan indicated that "the works included in the aforementioned project include the rehabilitation and maintenance of a factory specialized in the production of medical alcohol, and it was considered the first of its kind and the most important in the country, and it has been suspended for more than 20 years," returning its products to "important medical supplies as they are involved in several chemical and pharmaceutical industries."  
He continued, "The past years witnessed a rise in the demand for alcohol due to its importance in preventing the Corona pandemic, which prompted citizens to acquire and consume it in abundance and import it from abroad, due to the increasing need for it from health institutions of all kinds in addition to citizens."  
And the director of the Samarra Pharmaceutical Company indicated in the same context, that "what has been presented has prompted the company to conclude investment contracts with local companies and import production lines for the alcohol factory, which is expected to be fully completed within 18 to 24 months," noting that "the General Secretariat of the Council of Ministers is negotiating with specialized companies." regarding the rates of its production capacity, and another concerned with the installation and operation of its production lines.  
As for the rest of the factories that will be included in the investment plan, he explained that they “also include the production of penicillins, lotions, (dry vials), creams, and ointments,” specifying the start date of production for the aforementioned factories as “the end of next year, which will be collected under the name Samarra Pharmaceutical Factories.” He asserted that "the company will be among the first companies to export medicines after modernizing its production, developing the technology of its industries, in addition to introducing new ones."
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