Algeria – 62 new manufacturing plants completed the last 5 years

April 2, 2013 5:19 pm0 commentsViews: 212

Mr. Cherif Rahmani – Minister of Industry, Small and Medium Enterprise and Investment Promotion

Minister of Industry, Small and Medium Enterprise and Investment Promotion, Mr. Cherif Rahmani, said Thursday in Algiers that the pharmaceutical industry had recorded 62 new units over the past five years.

At the contract signing ceremony for the realization of three generic production factories in Cherchell (Tipaza), El-Harrach (Algiers) and Constantine in partnership between the public group SAIDAL and pharmaceutical companies BONATTI (Italy), EMTE (Spain) and SOFTAL (Algeria), Mr. Rahmani said that these projects will get the turnover of the group which is currently 12 billion dinars to 40 billion dinars in 2015.

The minister highlighted the state support to the national operators for achieving pharmaceutical partnerships with foreigners in order to encourage investment in this sector.

Mr. Rahmani also pointed out the determination of the state to meet the national needs in quality medicines and scope of all citizens, emphasizing the commitment of governments to develop generic drugs.

The minister, in this context, emphasized the training of qualified human resources and coordinating efforts with national laboratories and universities to develop research in the pharmaceutical industry, including biotechnological aspects.

Describing the pharmaceutical sector as a “strategic one” being directly related to the population’s health, Mr. Rahmani reminded the means used by the State to challenge in this sector in accordance with the epidemiological transition in Algeria.

For the minister, the revitalization of this sector of the domestic industry will contribute to the development of domestic production and will avoid the disruptions experienced by the Algerian drug market in the recent years and also will reduce the dependence on foreign.

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