USD 151.2 Million Human & Animal Vaccine Manufacturing

Project Brief

The proposed project has been designed for the manufacturing of Human and Animal Vaccine Which has tremendous demand all over in Bangladesh. Vaccine production is an integrated industrial venture and also essential Medicine for the prevention of epidemic deceases. The proposed products are import substitutes. The Government, Non-Government, and Private Treatment organizations are the main Buyer of different vaccines, which will be, used both for humans and poultry decreases treatment. The implementation of the proposed project will help increase national earnings by producing this product and also will create employment opportunities for some technically potential and some non-technical laborers. It will economically viable as it will create job opportunities and contribute to GDP.

Project Significance

Corporate set-up: The proposed project is a private limited company and incorporated under the Registrar of Joint Stock Companies & Firms of Bangladesh. Initially, the authorized capital will be Tk. 1200 Crore and Paid-up Capital will be Tk.100 Crore (USD 12.5million). In future paid-up capital may be increased as and when required.

Investment Cost & Source of Finance: The total investment is required for the implementation purpose of the project has been estimated Tk. 939.26 crore of which total equity participation would be Tk. 282.42 crore, i.e. 30% of total project implementation cost. Foreign loan required for the implementation of the project amount Tk. 657 crore.

Market Aspect: This sector occupies a significant position in the economy of Bangladesh. Our country is an advantageous position for having cheap and sufficient skilled labor. As mentioned earlier. The project is envisaged to produce various types of Vaccines for the prevention of epidemic decreases both for humans and animals. Day by Day the demand of vaccine-like Rani Khath live vaccine, Rani Khath killed; Fowl Pox vaccine, B.C.G Vaccine, Measles vaccine, Penta vaccine, Chicken Pox Vaccine, TT Vaccine, Foot and Mouth Disease(FMD) and other vaccine are also increasing for good health both for Human and Animal. The Products are import substitutes and tremendous use for the prevention of epidemic deceases for the safety of their lives. Apart from other producers, the company will also produce a limited quantity of pentane Vaccine which has sufficient demand in the market also. So it is expected that if the project implemented will be able to encroach a considerable market share also.

Recommendation: The feasibility report of the project has been studied and analyzed from the viewpoint of marketing, technically, financially and management aspects and found to be working while and desirable for investment as expansion Program of the factory. The project will create a job opportunity total of 900 persons. All the finances are viable and acceptable. The analysis made in the report shows that the project made in the viable and financially desirable

Management Aspect:  The Managing Director & other Directors are educated and experienced in different businesses & industries. They are involved in the different manufacturing business for a long time and gathered experience in the business sector. All promoters are financially sound and have the affordability of equity participation against their respective shareholdings in the company.

Management of the Company:  The overall management of the company will be vested with the Board of Directors. The board will formulate the company's policies and will provide guidelines for its day-to-day business operation. The Managing Director is the Chief Executive to look after the business affairs and other logistic support to the company. Highly qualified and experienced General Manager will be recruited to support the Managing Director in all operational levels of activities, Besides, other Directors, as well as staff at different levels, will assist the Managing Director.