Joint development of medical diagnostic kit

The New Millennium World Medical Device Manufacturing Plc. is in the business of manufacturing rapid diagnostic test kits and is looking for foreign investors who is interesting to invest in the company taking minority equity stake in the development of new product with latest technology aiming at totally substituting rapid diagnostic test kits imported from abroad and developing Research and Development center at the company. The company has acquired a total land size of 7,300 square meters from Kilinto Industrial Park,under construction , which is found at Akaki Kality Sub city, Addis Ababa . The foreign investor can participate in both cash and machinery through minority equity stake up to 40 percent share holding. The Company is already in the market and currently producing good quality product in a small scale and has received manufacturing license, market authorization, and business license, and own brand in the local market .

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