Nigeria seeks investment in production of disposable safe syringes

2021-09-13
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Industry: Pharmaceutical Region: France Transaction price: $1million Transaction Method: Equity investment

Project introduction

This is a Medical products trading enterprise in Nigeria. Products include drugs, medical supplies, medical devices city.

The company is based in Abuja, Nigeria's capital. Built a small pharmaceutical crystal logistics warehouse. It has distribution and distribution capabilities for medical products and has invested in a small factory in Lagos, the capital, to produce and supply disinfectant products, including disinfectants and hand sanitizers. Construction of the plant has been completed and production is expected to begin in 2021.

Since 2017, the company has established business cooperation with the following well-known domestic enterprises:

● Yuanda Pharmaceutical (China) Co. LTD. : Pharmaceuticals

●Walvax Biotechnology Co.,Ltd. : Phytophthora products

● Anhui Tiankang Medical Technology Co., LTD. : Disposable safety syringe

● Jiangxi Sanpan Medical Co., LTD. : Disposable safety syringe

● Guangdong Seagull Medical Instrument Co., LTD. : Disposable safety syringe

Project background

Since the global launch of COVID-19 vaccines in 2020, the global market demand for disposable safe syringes has surged, and investment in disposable safe syringes has a promising future.

Nigeria and other African countries have a huge demand for disposable syringes due to their weak industrial systems and long-term dependence on imported medical products.

The number of syringes procured by the Nigerian government in 2021 will reach 80-100 million, and local manufacturers cannot meet the market demand. The Nigerian government has expressed strong wishes. We hope to invite Chinese enterprises to invest and build factories in Nigeria, and the government will also give priority to enterprises that invest and build factories in Nigeria in the bidding and procurement process.

Cooperation intention

The company is currently looking for investment partners.

Chinese investors are required to be engaged in disposable injection production enterprises with rich experience in the production and quality control of the products and advanced management systems.

The foreign side has huge advantages in product marketing and customer relationship maintenance, and the two sides can form mutual benefits. Foreign investors can provide construction land for investment projects, handle relations with government departments, and lobby government departments to join investment projects when necessary.

Investment scale, capital source, proportion of investment, proportion of shareholding, later operation and management can be further discussed through consultation. Interested companies please contact us.