Friday, 12 April 2024

FullCare Medical starts medical garment production at Tatu City, Kenya

29 March 2024 | News

$30 million facility employs 1,800 Kenyans in first phase

FullCare Medical has launched a new medical garment production facility in Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) in Kenya. The FullCare Medical facility represents an investment of $30 million and employs 1,800 Kenyans in the first phase. In subsequent phases, the company plans to employ up to 7,000 Kenyans.

Zhang Yijun, Minister Counsellor at the Chinese Embassy in Nairobi, and Kenyan government officials attended the opening ceremony.

The International Finance Corporation, the investment arm of the World Bank, provided $100 million in financing to FullCare Medical for its Africa expansion.

The FullCare Medical facility represents one of the most significant foreign direct investments in Kenya in recent years, setting the benchmark for dynamic and entrepreneurial Chinese companies in Africa.

"This state-of-the-art facility, leveraging cutting-edge solar technology for sustainable manufacturing, is poised to export $60 million of medical goods annually while catering to the local market's needs," said Lu Jianguo, Founder of FullCare Medical.

Sign up for the editor pick and get articles like this delivered right to your inbox.

Editors Pick
+Country Code-Phone Number(xxx-xxxxxxx)


× Your session has been expired. Please click here to Sign-in or Sign-up
   New User? Create Account