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Julphar leases land in Jeddah to build a $80 million pharmaceutical plant under Saudi Vision 2030, producing drugs for export and local health security.
Julphar has signed a long-term lease with Modon 3rd Industrial City in Jeddah, Saudi Arabia, to build a SAR 300 million pharmaceutical facility on 45,000 square meters of land.
The project, part of Saudi Vision 2030, will produce sterile injectables, oral solids, biologics, and specialty drugs for chronic and critical conditions, with plans to export to GCC nations, the U.S., and over 40 other countries.
Designed to meet international standards, the site will create up to 1,400 direct jobs, support local talent development, and enhance national health security and industrial self-sufficiency through advanced manufacturing and technology transfer.
Julphar arrenda un terreno en Jeddah para construir una planta farmacéutica de 80 millones de dólares bajo Saudi Vision 2030, produciendo medicamentos para la exportación y la seguridad sanitaria local.