DOSEV Foundation Signs Landmark PPP Facility Agreement with ADP Platform for €200 Million Sustainable Medical Project
The DOSEV Foundation has entered a Public-Private Partnership (PPP) facility agreement with the leading PPP facilitator, ADP Platform, to implement a €200 million sustainable medical project. This ambitious project aims to manufacture a wide range of medical devices, including syringes, bandages, serums, and orthopaedic products, to meet the growing needs of the medical field in the region.
Dr. Kulwinder Singh, ADP Platform Program Director, informed PPP Union reporters that ADP is committed to facilitating projects that support the achievement of the 17 Global Sustainable Development Goals (SDGs). The DOSEV medical project represents an excellent opportunity in the region, with the project set to deliver high standards in accordance with several of the 17 SDGs, including:
SDG 3: Good Health and Well-being – Enhancing health systems to increase life expectancy.
SDG 9: Industry, Innovation, and Infrastructure – Generating employment and income through innovation.
SDG 10: Reduced Inequalities – Reducing income and other inequalities within and between countries.
SDG 11: Sustainable Cities and Communities – Making cities safe, inclusive, resilient, and sustainable.
ADP is confident that this project will be an effective step towards achieving these SDGs.
Dr. Singh further explained that the project will be funded by ADP and is scheduled to commence in September 2024, with anticipated completion within 36 months.