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Pharma World starts work on Jafza facility
DUBAI — Newly formed pan-GCC pharmaceutical storage and distribution firm, Pharma World Holdings, announced this week that they have commenced work on a facility at Jafza in Jebel Ali.
The firm, which brings a track record of expertise to the region being a 50/50 venture between UAE based Ithmar Capital, Fund I and Banaja International Group, acquired the 10 000 square metre piece of land at Jafza earlier this year, where they will establish a 6,000 square metre warehouse by mid 2008.
Maher Kheder, Business Development Group Director, Pharma World Holdings says, “Our Jafza facilities not only provide high-tech pharmaceutical warehousing facilities, but also third party logistic provisions.”
“The Pharma World Holdings business model basically frees up the manufacturer, allowing them to concentrate on their own product development, sales and marketing while we handle all distribution, from start to finish,” he added.
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