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Julphar Extends its Global Footprint With Official Inauguration of Julphar Ethiopia Manufacturing Facility
Date:2/6/2013

/span>, HE Girma Wolde-Giorgis , at the National Palace. Discussions between the dignitaries and the President took place regarding direct foreign investment into Ethiopia.

HH Sheikha Lubna al Qasimi, UAE Minister of Trade said to the president: "We are very proud to have Julphar represent the UAE with its investment in this facility."

She encouraged other UAE businesses to take this step.

The Ethiopia Foreign Affairs Minister, Dr Tedros Adhanom spoke about the facility plans: "Julphar is a real showcase for other companies looking to invest into Ethiopia. From the start, this project fascinated me. Expansion of the facility was factored into the plans from the beginning and for that we are grateful."

Dr Adhanom: "We also commend Julphar for bringing international standards to their facility. We hope this facility will strengthen the relationship between our countries even further and hope this will bring future investment from the UAE."

His Highness Sheikh Faisal bin Saqr Al Qasimi also addressed the dignitaries: "We value this investment very highly and we look forward to the success of this facility. We hope it will encourage future investment for the UAE."

The Julphar Ethiopia manufacturing facility marks a significant milestone in Julphar's history and is a major part of its international expansion strategy that will see the company building a truly global footprint.

The pharmaceutical market in Africa is significant and growing, with recent estimates of the continent's market set at between $8 to $10 billion. In light of this opportunity, Julphar undertook substantial research when developing its Ethiopian facility. The company took great care to examine the therapeutic sectors in the country which are limited or inaccessible in order tha
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