Industry / Netherlands
Philips Healthcare Infrastructure Project Underway
June 2008 | FDI AlertDutch electronics company Philips has completed the initial phase of a seven-year project to modernise Zambia's healthcare infrastructure. Involving medical hardware and the associated training, the EUR25.0mn (US$39.5mn) scheme is expected to further reduce infant mortality, improve surgical outcomes and extend life expectancy in one of the world's poorest countries. BMI strongly welcomes this project as it is another example of Zambia reducing its dependence on China for foreign direct investment (FDI).
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