Crowning our participation in the Africa Investment Forum AIF
6 December
Crowning our participation in the Africa Investment Forum AIF
An Important, high-level meeting was held today with
Executive Director of the International Monetary Fund
Chairman and Managing Director of
EIPICO & Chairman of the Board of Directors of ARAB API
Executive Director of the Suez Canal Economic Zone (SCZONE) & Chairman of the Board of Directors of the Suez Canal Investment Company (Partner in the ARAB API
Member of the Board of Directors of ARAB API
And Director of the Legal Affairs Department, Secretary of the Board of Directors of EIPICO
And General Manager of Quality Assurance at the EIPICO 3 Factory
during the meeting EIPICO 's vision and strategy for the future of the pharmaceutical industry in Egypt were discussed, aiming to deepen and localize the pharmaceutical industry in Egypt through
Based on three main axes:
1- Deepening and localizing Biosimillars & Biologicals manufacturing, through the EIPICO 3 factory, which will be inaugurated soon, to fully manufacture these products for the treatment of cancers & blood diseases and their unavailability sometimes and their high price constitute a great burden on the state and citizens
2 - Deepening pharmaceutical raw materials in Egypt by establishing ARAB API and establishing the first multipurpose factory in the Middle East to produce pharmaceutical raw
3 - Global Manufacturing Expansion by joint pharmaceutical manufacturing, through cooperation with a number of countries in some important regions (Central Asia, East Africa, West Africa and others) to manufacture our products there, to maintain the availability of our products and increase them in the future to develop and grow pharmaceutical exports through the penetrating our products into the nearby countries
The meeting mainly focused on The full details of the ARAB API project and the outcome of current participation in the Africa Investment Forum AIF
where Dr Ahmed Kelani, Mr. Saad & accompany delegates presented the project to the AIF participant investors & funding bodies wishing to participate in the project.