Suzhou Lederle Pharmaceutical Company Ltd.
Sector: Manufacturing (Industrial) • Location: China
Source: Multilateral Investment Guarentee Agency (MIGA)
MIGA issued a guarantee for $7 million against the risk of expropriation to American Cyanamid Company (ACC) of the United States for its investment in a facility to produce pharmaceuticals. The 50-50 joint venture between ACC and a Chinese state enterprise, Suzhou Number Six Pharmaceutical Factory, will primarily serve the domestic market in China. Advanced technology will be used to make high qu
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | not active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | MIGA issued a guarantee for $7 million against the risk of expropriation to American Cyanamid Company (ACC) of the United States for its investment in a facility to produce pharmaceuticals. The 50-50 joint venture between ACC and a Chinese state enterprise, Suzhou Number Six Pharmaceutical Factory, will primarily serve the domestic market in China. Advanced technology will be used to make high quality pharmaceuticals and distribute them in areas of China where they were not previously available. The enterprise will procure most of the raw materials locally and will use Chinese contractors and distributors. It will directly employ 314 Chinese workers, who will benefit from extensive training programs. This is MIGA's first guarantee to a pharmaceutical company. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |