By AGGREY OMBOKIMore by this AuthorA Bangladeshi firm has announced the construction of a Sh7.5 billion pharmaceutical plant in Kenya. “We recognise the opportunity to address obstacles limiting access to quality, affordable drugs and promote public health in the region and a local pharmaceutical manufacturing plant will ensure Kenya and the region can easily access quality and affordable medicine,” he said. “We expect the plant to be operational by mid-2019 and by then some 1,500 Kenyans will have benefited from direct employment opportunities. A total of 50 per cent of our products will be exported to the EAC and other African markets,” said Mr Chowdhury. Industry Cabinet Secretary Adan Mohamed said foreign direct investment, such as that of Square Pharmaceuticals, will play a key role in development of the local manufacturing sector.

Source: Daily Nation January 08, 2018 19:52 UTC