To be completed in 18 months with an investment of 923 million dirhams
10 pharmaceutical and medical supplies factories "under construction" in Abu Dhabi
The health sector in Abu Dhabi can absorb the increasing demand for services during the "Covid-19" crisis.
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The Department of Economic Development in Abu Dhabi revealed 10 new factories for medical supplies, drugs and equipment, which are currently under construction at a cost of 923 million dirhams, and are expected to be completed within a period ranging between 12 and 18 months.
In a media briefing on the basic medical and pharmaceutical industries, with the participation of the Industrial Development Office, the Department of Health in Abu Dhabi, and the Abu Dhabi Health Services Company (SEHA), she explained that the new factories are privately owned, bringing the number of medical and pharmaceutical sector factories to 23 factories with a total investment of two billion dirhams.
Investment fields
The Abu Dhabi Economy has identified 23 industrial investment fields that focus on the pharmaceutical and health industries, which contribute to achieving self-sufficiency in the health sector in the emirate, including 14 investment areas for new industries, and nine areas for developing existing industries, within the framework of the Basic Industries Project.
Basic industries
The head of the Department of Economic Development in Abu Dhabi, Muhammad Ali Al-Shurafa, said that the "Basic Industries Project" aims to create new investment fields in the food, health, industry and energy sectors, to contribute to achieving self-sufficiency in the emirate, in line with the Abu Dhabi government's directions to achieve sustainable economic development. And enhancing the role of non-oil sectors, which would contribute to increasing their contribution to the emirate's GDP.
He explained that the fields of investment in the pharmaceutical and health industries sector were divided into nine investment fields, including six existing industries and three new industrial fields, pointing to five investment areas within the “medical supplies and equipment sector” that include three new industrial fields and two of the existing industries, in addition to Nine investment fields within the "medical devices and equipment sector", which include eight new industrial fields, and one field within the existing industries.
He stressed that these new investments come based on a review of the current strategies produced by the global health crisis caused by the outbreak of the new Corona virus around the world.
Al-Shurafa stressed the importance of this project to contribute to achieving self-sufficiency in the health sector of the Emirate of Abu Dhabi and the UAE in general, by identifying a list of 24 major priority medical products, including the pharmaceutical industry, medical equipment, and medical protection supplies.
Market needs
Al-Shurafa expected that the project would provide a sufficient set of basic and vital industries that cover the needs of the local market, in addition to providing sufficient local industrial products to cover the changing civil needs during periods of crises and disasters, strengthening reliance on local goods and increasing their market share as an alternative to imported goods, stressing the role of the project. The pivotal role in providing new investment fields and developing a number of existing basic industries in the Emirate of Abu Dhabi.
Medical factories
For his part, the Undersecretary of the Department of Economic Development in Abu Dhabi, Rashid Abdul Karim Al Balushi, said that the total number of licenses issued to medical factories in the emirate amounted to 23 licenses, with an investment value of 1.992 billion dirhams.
He detailed that 10 licenses of them are for factories currently "under construction" with an investment value of 923 million dirhams, 13 production licenses with an investment value of 1.069 billion dirhams divided into five factories that produce medical protection supplies with investments amounting to 268 million dirhams, and four factories for the production of medicines with investments amounting to 467 million dirhams. AED, and four factories for the production of medical devices and equipment with investments of 334 million dirhams.
Annual consumption
Al-Balushi revealed that the annual consumption value of the main governmental and private hospitals of priority medical products amounts to 5.5 billion dirhams, according to studies of a specialized company, which is led by pharmaceutical products with a rate of 90%, equivalent to five billion dirhams of the total value of consumption, then medical supplies by 6 percent. %, While medical equipment consumption is 4%.
He added that 74% of the consumed medicines belong to basic medicines, including 14% for antibiotics, 7% for biomedical products, or what is known as biological medicines.
Medical centers
In the same context, the Acting Undersecretary of the Health Department, Dr. Jamal Muhammad Al Kaabi, said that the health sector in Abu Dhabi has witnessed an unprecedented expansion over the past few years, as there are currently 66 hospitals, 1835 medical centers and clinics, 880 outpatient pharmacies to serve the community, in addition to 77 warehouses. Medicines and medical supplies are licensed in the Emirate of Abu Dhabi, which enables them to accommodate the increasing demand for health services, especially during the "Covid-19" crisis.
He added, "We are looking forward to expansion and increasing investment opportunities in the pharmaceutical industry, to meet the needs of the health sector," pointing out that there are three factories for the production of similar medicines and medical solutions, and other factories are under construction.
He stressed that there is a great opportunity to attract investments and add production lines such as manufacturing biological medicines and vaccines to meet the needs at the local and global levels, and to achieve self-sufficiency.
Medical protection supplies
The Undersecretary of the Department of Economic Development in Abu Dhabi, Rashid Abdul Karim Al Balushi, said that 86% of the consumption of medical protection supplies comes from clothes, single-use covers, N95 masks, surgical masks, and gloves, while respirators, hospital furniture, and patient monitoring devices constitute 95% of Consumption of medical equipment.
He pointed out that the expected growth in domestic demand for protection supplies and medical equipment ranges between 89 and 172%, compared to 2019-2020.
The Abu Dhabi Economy has identified 23 investment fields in the pharmaceutical and health industries.
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