Emaar, the Tadawul-listed company developing King Abdullah Economic City (KAEC), in collaboration with Shamla Pharmaceutical Industries, (a partnership between Saudi Arabia-based Zimmo Trading Est, Egypt-based Global Napi Pharmaceuticals and Syria-based Unipharma Pharmaceutical Industries) is set to build a pharmaceutical factory at the Industrial Valley in KAEC.
The collaboration came in line with EEC's special attention to the pharmaceutical sector primarily because of the quality of jobs they will create and the products they will produce which in turn will contribute to the well being of Saudi citizens.
Zimmo Trading Est president Mohammed Zimmo said the alliance is the first of its kind between 3 key industry players, setting the milestone for a major uplift in the pharmaceutical industry and contributing to its localization in the Kingdom.
Global Napi Pharmaceuticals president Makram Mehany said they are committed to their patient-centric vision and to ensuring that their products comply with the highest industry standards.
Unipharma Pharmaceutical Industries founder and president Mohammed Matouk said it is important to have the new factory at the Industrial Valley in KAEC as it enjoys a strategic location integrated with a world-class seaport serving as a gateway to the regional and international markets.