Julphar Pharmaceuticals plc grand opening February 2013

UAE-based pharmaceutical firm Gulf Pharmaceutical Industries (Julphar) officially opened a new pharmaceuticals manufacturing facility in February 2013. The new plant is located at Gerji Jakros region in Ethiopian capital city Addis Ababa. It was developed by Julphar in association with Medtech, a local Ethiopian company.
The inauguration ceremony of the new manufacturing plant was attended by Hailemariam Desalegn, the Prime Minister of Ethiopia.
The plant is expected to become fully operational in the second quarter of 2013. The investment for the construction of the plant was about ETB170m ($9.17m).