Egypt could set up EUR 20 mn PPP factory to produce pharma raw materials

The government is currently looking into setting up a EUR 20 mn facility to manufacture raw materials for pharma products under a public-private partnership (PPP) framework, head of the Federation of Egyptian Industries’ pharma division Ahmed El Ezaby tells the local press. It remains unclear how much of the investment would come from the private sector. The Health Ministry would partner with an undetermined number of local private pharma players, in addition to Chinese and Indian raw material manufacturers for their know-how. According to El Ezaby, the two sides may break ground on the facility before the year is out.