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Biotechnology and injectable plant project, Turkey

5th May 2017

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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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.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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