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SPIMACO pushes back completion of Morocco project to Q4-18

SPIMACO pushes back completion of Morocco project to Q4-18
The projected will be finalised by the fourth quarter of 2018
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Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Company (SPIMACO) on Wednesday announced that its planned pharmaceutical plant in Morocco was projected to be finalised by the fourth quarter of 2018, instead of Q4-2017. 

The postponement of the project’s delivery date could be attributed to the required procedures to obtain some government licenses, along with delays in the construction works, according to a company statement.

Further developments, as well as the financial details of the project, would be disclosed later, SPIMACO added.