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SPIMACO to build new $40m production unit in Morocco

SPIMACO to build new $40m production unit in Morocco
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Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) said that its Morocco branch will establish a new huge production unit in the industrial zone in Berrechid.

The project will have investments of $40 million, and will help create more than 350 jobs by 2022, according to the company’s statement.

The new production facility will span across 15,670 square meters, and will reach its full capacity by 2020.