Jiangsu To Invest CNY400mn In New Production Facility

News: China-based Jiangsu Nhwa Pharmaceutical is planning to invest CNY400mn (US$64.99mn) to build a chemical drug production facility in Xuzhou, China. The company also plans to use the new production facility as an export base for raw pharmaceutical materials. Of the total CNY400mn (US$64.99mn), the company plans to invest CNY370mn (US$60.11mn) in the construction of the plant, including investment in fixed assets. The construction of the plant is expected to be completed in 18 months.

Jiangsu To Invest CNY400mn In New Production Facility

News: China-based Jiangsu Nhwa Pharmaceutical is planning to invest CNY400mn (US$64.99mn) to build a chemical drug production facility in Xuzhou, China. The company also plans to use the new production facility as an export base for raw pharmaceutical materials. Of the total CNY400mn (US$64.99mn), the company plans to invest CNY370mn (US$60.11mn) in the construction of the plant, including investment in fixed assets. The construction of the plant is expected to be completed in 18 months.

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