American Biomedical Engineering Company will establish first-ever manufacturing unit of biomedical equipment at Allama Iqbal Industrial City.
This is a prioritised special economic zone of Faisalabad Industrial Estate Development and Management Company (FIEDMC) under the China-Pakistan Economic Corridor.
American Biomedical Engineering Company Director Dr Usman Mustafa called on FIEDMC Chairman Mian Kashif Ashfaq, it added.
FIEDMC Chairman Mian Kashif Ashfaq said Pakistan will be in a position to save millions in foreign exchange by avoiding import of these biomedical equipment. The investment will ultimately lead to self-reliance in medical sector besides enabling our industry to export it to other countries too.
At the early stages, the American company will manufacture only those biomedical products or disposables, which are being used for heart surgery or its treatment, and in the next stage, heart stents and other latest medical equipment will also be manufactured here to meet the local needs, he added.