image description
image description
Tell A Friend

FinancialNews


  • 30-06-10

    Sanofi-Aventis to build manufacturing facility in Saudi Arabia

    (MENAFN) Sanofi-Aventis signed an agreement with Emaar, the Economic City (EEC), the company developing King Abdullah Economic City (KAEC), to establish a manufacturing facility at the Industrial Valley in KAEC, Reuters reported. The plant, which will be built on a 35,000 square meter land, will initially produce oral antidiabetic and cardiovascular products. The agreement was signed under the sponsorship of the Saudi Arabian General Investment Authority (SAGIA) which has played a key role in facilitating sanofi-aventis? decision to invest in the Saudi pharmaceutical sector and to establish itself within King Abdullah Economic City. By signing the agreement, Sanofi-Aventis will be given an opportunity to develop its presence in the Kingdom by establishing itself as an independent business entity, facilitating its operations. Sanofi-aventis will be the first global pharmaceutical company to establish its industrial facility in KAEC.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved