11 Pak­istani com­pa­nies par­tic­i­pate in Africa Health Expo

Pakistan Observer - - EONOMIC WATCH -

OB­SERVER RE­PORT JO­HAN­NES­BURG—A three-day Africa Health Expo 2016, Thurs­day, kicked off at Jo­han­nes­burg, South Africa with par­tic­i­pa­tion of eleven Pak­istani com­pa­nies un­der the aus­pices of Trade De­vel­op­ment Au­thor­ity of Pak­istan (TDAP). The expo will con­tinue till 10th of June 10. The eleven com­pa­nies are namely: JN En­ter­prises, Tata Sur­gi­cal Pvt Ltd, Pharmevo Pvt Ltd, Fasial Phar­ma­ceu­ti­cal In­dus­tries, Maple Phar­ma­ceu­ti­cal, Shafi Life Care, Snaa In­dus­tries, B.A.K In­dus­try, Afzal Saeed Man­u­fac­tur­ing Cor­po­ra­tion and Wel­don In­dus­tries (Pvt) Ltd. Africa Health Expo show­cases prod­ucts like hospi­tal and clinic ser­vices, hospi­tal re­quire­ments and ac­ces­sories, med­i­cal equip­ment man­u­fac­tur­ing ser­vices, med­i­cal equip­ment sup­plies, phar­ma­ceu­ti­cals, chem­i­cals and com­pounds, medicines and other spe­cial­ized medicines.

This is the largest ex­hi­bi­tion of health re­lated prod­ucts in African Con­ti­nent and it has been or­ga­nized since 2010. More than 20 coun­tries in­clud­ing Ger­many, France, Brazil, China, India, and Turkey are par­tic­i­pat­ing in ad­di­tion to 400 ex­hibitors from across the globe. This par­tic­i­pa­tion is pur­suant to the Africa Plan of the Trade De­vel­op­ment Au­thor­ity of Pak­istan. Pak­istani ex­ports are in­creas­ing in Sub-Sa­ha­ran African re­gion and this ex­hi­bi­tion will fur­ther give a boost to the ex­ports of Pak­istani health­care re­lated prod­ucts. Sub-Sa­ha­ran Africa ac­counts for 11 per­cent of the world’s pop­u­la­tion, yet bears 24 per cent of the global dis­ease bur­den. Sub-Sa­ha­ran Africa’s im­prov­ing eco­nomic per­for­mance means the de­mand among all sec­tors of so­ci­ety for health­care is poised to in­crease reach­ing a mar­ket value of $35 bil­lion by 2016.

This boom in de­mand and re­sul­tant growth has re­sulted in mas­sive op­por­tu­ni­ties for peo­ple in­volved in the health­care in­dus­try. With an es­ti­mated 500,000– 650,000 hospi­tal beds to be built in the next decade, the re­sult­ing de­mand in hospi­tal equip­ment, med­i­cal de­vices and phar­ma­ceu­ti­cals and the health­care mar­ket in the sub­Sa­ha­ran African con­ti­nent is poised for sub­stan­tial growth. South Africa has im­ports of around $6 bil­lion in med­i­cal equip­ments and phar­ma­ceu­ti­cals prod­ucts; there­fore Pak­istan is con­verg­ing ef­forts in this mar­ket to se­cure a larger share. Pak­istani ex­ports are still far be­low the po­ten­tial as Pak­istan can pen­e­trate into hospi­tal tex­tiles, emer­gency re­sponse ser­vices, med­i­cal and nurs­ing hu­man re­source sup­ply in the re­gion. Najm us Saqib, High Com­mis­sioner of Pak­istan for South Africa vis­ited the ex­hi­bi­tion and as­sured fullest co­op­er­a­tion to the ex­hibitors for mak­ing their stint use­ful and pro­duc­tive. Qa­mar Za­man Com­mer­cial Sec­re­tary has made all the ar­range­ments for the Pak­istani com­pa­nies in the expo.

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