Medical supply plant to be based in Saigon hi-tech park
Singapore’s Charles Wembley Vietnam was granted an investment licence to build a medical equipment plant in Saigon hi-tech park (SHTP) on January 29.
The VND230 billion Wembley Medical Facility will cover 7,000 sq.m and turn out 5 million units of medical supplies per year once it becomes operational in mid-2018.
Vietnam annually imports about 50 million intravenous needles, each priced at VND13,000-15,000 (US$0.59 – 0.68).
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Once the first stage of construction is complete, the plant will be able to produce 5 million needles per year and sell them for 20 to 30% less than imported ones.
Le Hoai Quoc, Head of the SHTP Management Board, vowed all possible support for the investor to build the plant as scheduled.
