Novartis to set up new plant in Singapore
AFP, Singapore
Swiss pharmaceutical giant Novartis announced Tuesday it will build a 180-million-US-dollar plant in Singapore to boost its global manufacturing capacity and meet growing demand for its products. Construction of the plant is expected to start late this year, with operations scheduled to begin in 2007. When fully operational by 2008, it will employ more than 150 people, the company said in a statement.
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