The Arab Contractors and Pharco International of Egypt won a contract to establish a pharmaceutical factory in Saudi Arabia, worth 155 million riyals, on an area of 20,000 square meters.
Ahmed Al-Assar, President of the Arab Contractors Company, and Sherine Helmy, President of the Pharco International Pharmaceutical Company, signed a contract for the establishment of a pharmaceutical factory in the industrial zone of Medina in the Kingdom of Saudi Arabia, which the Arab Contractors won a bid for its implementation at a value of 155 million Saudi riyals, amid competition with four major companies.
The factory is built on an area of 20,000 square meters, in addition to service buildings, road works, utilities, the general site, fuel and fire tanks, drinking water, and a chemical treatment plant. The needs of the Saudi market, in addition to exporting to the European Union, the United States of America, Arab and African countries.
This article was originally published by RT.