![]() Pharmaceutical Factory Project in Albania Obtains $8.4M Funding Agreement from Capital Corp Merchant BankingThe global pharmaceutical industry is now worth one trillion dollars and has a 3% annual growth rate. As medication and healthcare demands grow, especially from emerging economies, this project represents an opportunity for Albania to meet more of its own needs as well as provide pharmaceutical products to its neighbors.
By: Capital Corp Merchant Banking What's more, a clear trend toward localization has been observed, where the majority of emerging market participants consider investment in local research, local development, and local manufacturing to be the most effective levers for commercial success in their respective regions. The pharmaceutical and biotech factory (the project) provides an opportunity for low production costs given the high need for domestic product and low cost of natural resources in the country, and is strategically located in the heart of Eastern Europe with easy access to Western Europe and the Mediterranean. The method by which this $8.4 million project is to be funded is the brainchild of Mr Herard. Mr Herard is a seasoned merchant banker and has been in the banking industry for 38 years. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, nominated as Executive of the Year by the internationally acclaimed National Register's Who's Who, and having received the Senatorial Medal of Freedom, among many others. About Capital Corp Merchant Banking: Capital Corp Merchant Banking offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking has developed close working relationships with groups of Professionals: Contact Business Development Department ***@capitalcorpmerchantbanking.com Photo: https://www.prlog.org/ End
|