US EditionQCIL secures $36mn to expand production as profits surge
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QCIL secures $36mn to expand production as profits surge
The company hopes to increase tablet production from 1.4bn to 2.4bn annually Kampala, Uganda | THE INDEPENDENT | Uganda’s largest pharmaceutical manufacturer, Quality Chemical Industries Ltd (QCIL), has secured a US$36 million (Shs133 billion) financing facility from Stanbic Bank Uganda to construct a second production facility, capitalising on a strong financial performance to drive regional expansion. The new plant, to be located at QCIL’s exi…
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