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Overview

China funds Cuba Biotechnology Industry Base

Commitment Year•2014Country of Activity•CubaSector•Industry, Mining, ConstructionFlow Type•Vague TBD

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2014

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Loan description

China funds Cuba Biotechnology Industry Base

Narrative

Full Description

Project narrative

In November 2014, a China-Cuba biotechnology industry base was set up in Wuhan National Bioindustry Base (also known as Biolake). The project has a total investment of 500 million yuan. After completion, it is expected to produce 60 million liquid preparations, 600 million tablets, 600 million capsules, and high-end APIs.500 kg annually. The exact Chinese investment amount is unknown. This project is supported by Hubei Province.