Biotechnology and injectable plant project, Turkey

5th May 2017 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Biotechnology and injectable plant project, Turkey

Name of the Project
Biotechnology and injectable plant project.

Location
The plant will be located in Duzce, about 200 km from Istanbul, Turkey.

Client
Nobel Ilac, a subsidiary of the Ulkar Holding Group.

Project Description
The project entails the construction of a biotechnology and an injectable plant, together with research and development laboratories and an automated warehouse.

The project will be housed in a new two-storey purpose-built facility, with an 8 000 m2 footprint and a total floor space on 42 000 m2.

Jobs to Be Created
Not stated.

Value
The project is estimated at $44.5-million.

Duration
Construction of the facility started in 2017 and will be completed by 2020.

Latest Developments
The International Finance Corporation (IFC) is considering a project loan of up to $25-million.

Key Contracts and Suppliers
IFC (loan finance).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Nobel Ilac, tel +90 216 633 60 00 or fax +90 0216 633 60 01.