Angola plans to establish a pharmaceutical production complex by 2026 in Icolo and Bengo province. The facility aims to produce 1.7 million tablets and capsules, 50 million vials of injectable medicines, and more. Funded by the Angolan Sovereign Fund and managed by Vitaflor, construction has begun and is expected to be completed within 18 months, contributing to the nation’s industrial growth.
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 expected to have a significant production capacity, targeting 1.7 million tablets and capsules annually, alongside 50 million vials of injectable medicines. Additionally, the complex will manufacture 35 million bags of serum and 13,000 kilograms of medical gases daily, as reported by the Jornal de Angola.
The project, overseen by Vitaflor company, is currently in its preliminary stages, marked by the recent laying of the first stone. With funding sourced from the Angolan Sovereign Fund (FSA), the stakeholders anticipate that construction will be completed within the next 18 months. The Special Economic Zone is home to over 60 active business projects, primarily within the food and pharmaceutical sectors.
Manuel Pedro, the president of the board of directors of the SEZ, has expressed optimism regarding the development of additional industries in the coming months. This initiative will complement the existing 89 industries in the area, spanning multiple sectors, thereby fostering economic growth and diversification.
In conclusion, Angola’s initiative to create a pharmaceutical production complex represents a significant step towards enhancing its healthcare capabilities. The project’s scale and projected output will cater to the growing demand for medicines within the country. Moreover, as part of the broader economic development plan, the establishment of this complex will likely stimulate job creation and industrial growth in the region.
Original Source: www.plenglish.com
