Appolonia City partners with Chamber of Pharmacy
Appolonia City has signed a Memorandum of Understanding with Ghana’s Chamber of Pharmacy to establish a pharmaceutical district in Appolonia Industrial Park.
The signing ceremony in Accra was witnessed by Hon. Kingsley Aboagye-Gyedu, Deputy Minister of Health, and executives of Appolonia City and the Chamber of Pharmacy.
The 60-acre district, which will be known as Pharm Village, “will help reduce the high level of imported medicines, which stands at about 70 percent of the market,” according to Harrison Abutiate, Chairman of the Chamber of Pharmacy. “Establishing this enclave will therefore reduce the pressure on foreign exchange and in addition help employment creation, directly and indirectly.”
Bright Owusu-Amofah, CEO of Appolonia City, noted that the signing shows that the Appolonia Industrial Park is the ideal industrial zone in the country right now.
“This is a win-win for everyone involved. We are pleased to join with the Chamber of Pharmacy to support the manufacture, importation and distribution of pharmaceutical products in Ghana,” he said.
Hon. Aboagye-Gyedu lauded the signing and noted that the government, in collaboration with the Chamber, is currently implementing policies and programmes that will ensure that medicines are available to patients at the right time and the right cost.
“I have no doubt that this agreement will support a generation of modern pharmaceutical manufacturing facilities in a competitive position to meet all international standards,” he said.
Appolonia Industrial Park is becoming the preferred destination for business in Greater Accra. Local and international companies are developing facilities at the park, including Comland, Alusynco, Crownhouse Construction & Logistics, PUMA Energy and Total Ghana.