ELSTOP Set to Construct Reagent Manufacturing Facility Worth USD 50 Million

State Minister for Privatization and Investment Hajat Aminah Mukalazi chaired a multistakeholder meeting for the establishment of a medical industrial park for the local manufacture of essential health and laboratory products by ELSTOP (U) Limited. Elstop Healthcare Solutions is a medical-device and diagnostics company delivering large-scale healthcare projects across Uganda.

The Minister directed the Director General of Uganda Investment Authority Robert Mukiza to coordinate all the required social amenities required for the establishment of a functional industrial park. Already land for the establishment of the medical industrial park has been identified at Seeta in Mukono district.

 Mukalazi said industrial parks should have anchor investors and industries to be viable and globally competitive.

The Managing Director ELSTOP Yitzark Shemesh said this investment will reduce the cost of laboratory tests which are currently very expensive for the population, adding that it will also save money spent on importing medicines and create employment for about 6000 jobs once completed.