The Department of Economic Development in Abu Dhabi revealed new IO factories for medical and pharmaceutical supplies and equipment, currently under construction at a cost of 923 million dirhams, and is expected to be completed within a period ranging between 12 and 18 months. In a media briefing
Industrial Development Bureau, DED - Abu Dhabi
The Department of Economic Development in Abu Dhabi revealed new IO factories for medical and pharmaceutical supplies and equipment, currently under construction at a cost of 923 million dirhams, and is expected to be completed within a period ranging between 12 and 18 months. In a media briefing on the basic medical and pharmaceutical industries, with the participation of the Industrial Development Office, the Department of Health in Abu Dhabi, and the Abu Dhabi Health Services Company (SEHA), the new factories are owned by the private sector, bringing the number of factories in the medical and pharmaceutical sector to 23, with a total investment of two billion dirhams. Investment fields: Abu Dhabi Economy has identified 23 industrial investment fields that focus on the pharmaceutical and health industries, which contribute to achieving self-sufficiency in the health sector in the emirate, of which 14 are investment areas for new industries, and nine are development areas for existing industries, within the framework of the Basic Industries Project. . Basic industries The head of the Department of Economic Development in Abu Dhabi, Muhammad Ali Al-Shurafa, said that the "basic industries project" aims to create new investment fields in the food, health, industry and energy sectors, to contribute to achieving self-sufficiency in the emirate, in line with the directions of the Abu Dhabi government to achieve economic development Sustainable growth, and enhancing the role of non-oil sectors, which contributes to increasing their contribution to the emirate's GDP. He explained that the fields of investment in the pharmaceutical and health industries sector were divided into nine investment fields, including six existing industries and three new industrial fields, pointing to five investment areas within the “medical supplies and equipment sector” that include three new industrial fields and two of the existing industries, as well as Nine investment fields within the "medical devices and equipment sector" include eight new industrial fields, and one field within the existing industries. He stressed that these new investments come based on a review of the current strategies produced by the global health crisis caused by the outbreak of the new Corona virus around the world. Al-Shurafa stressed the importance of this project to contribute to achieving self-sufficiency in the health sector of the Emirate of Abu Dhabi and the United Arab Emirates in general, by identifying a list of 24 major priority medical products, including the pharmaceutical industry, medical equipment, and medical protection supplies. Market needs. Al-Shurafa expected that the project would provide a sufficient set of basic and vital industries that cover the needs of the local market, as well as providing sufficient local industrial products to cover the changing minimum needs during periods of crises and disasters, strengthening dependence on local commodities and increasing their market share in exchange for imported goods, stressing the role of The pivotal project is to provide new investment fields and develop a number of existing basic industries in the Emirate of Abu Dhabi. Medical factories For his part, the Undersecretary of the Department of Economic Development in Abu Dhabi, Rashid Abdul Karim Al Balushi, said that the total number of licenses issued to medical factories in the emirate amounted to 23 licenses, with an investment value of 1,992 billion dirhams. He detailed that 10 licenses of them are for factories currently "under construction" with an investment value of 923 million dirhams and 13 production licenses with an investment value of 1,069 billion dirhams divided into five factories producing medical protection supplies with investments of 268 million dirhams, and four factories for the production of medicines with investments amounting to 467 million dirhams And four factories for the production of medical devices and equipment with investments amounting to 334 million dirhams. Annual consumption, Al-Balushi revealed that the annual consumption value of the main governmental and private hospitals of priority medical products amounts to 5.5 billion dirhams, according to studies of a specialized company, led by pharmaceutical products with a rate of Z9O, equivalent to five billion dirhams of the total consumption value, then the requirements He added that the percentage of Z74 consumed medicine belongs to basic medicines, including Z14 for antibiotics, and 7 for biomedical products, or what is known as biological medicines. Medical centers in the same context, the Acting Undersecretary of the Health Department, Dr. Jamal Muhammad Al-Kaabi, said that the health sector in Abu Dhabi has witnessed an unprecedented expansion during the past few years, as there are currently 66 hospitals, 1,835 medical centers and clinics, and 880 outpatient pharmacies to serve the community, in addition to 77 warehouses for medicines and medical supplies are licensed in the Emirate of Abu Dhabi, which enables them to accommodate the increasing demand for health services, especially during the "Covid 19" crisis. "We are looking forward to expansion and increasing investment opportunities in the pharmaceutical industry, to meet the needs of the health sector," he added, pointing out that there are three factories for the production of similar drugs and medical solutions, and other factories are under construction. He emphasized that there is a great opportunity to attract investments and add production lines such as manufacturing biological medicines and vaccines to meet the needs at the local and global levels, and to achieve self-sufficiency. Medical protection supplies The Undersecretary of the Department of Economic Development in Abu Dhabi, Rashid Abdul Karim Al Balushi, said that 7.86 of the consumption of medical protection supplies comes from single-use clothing and covers, N95 masks, surgical masks, and gloves, while respirators, hospital furniture, and patient monitoring devices are Z95 From consumption of medical equipment. He pointed out that the expected growth in domestic demand for protection supplies and medical equipment ranges between 89 Z172g, compared to 2019 and 2020.