East African Medical Vitals (EAMV)

PROJECT DESCRIPTION:

EAMV’s principal activity is production of surgical and examination gloves for the Ugandan and East African Market. Subsequently, EAMV plans to add syringes, catheters, and condoms to its product portfolio.

EAMV’s value proposition is the production of high-quality medical gloves in short lead times, of three to five days, compared to up to three months for exported gloves. EAMV has secured a 10-year offtake agreement from the Government, whose glove purchases make up about 30% of the market.

EAMV’s operationalization and continued operation has the following impact:

– Creation of 300 direct jobs and over 5,000 indirect jobs.

– Saving USD 17.8 million on imports.

– Technology transfer to the Ugandan market.

– Accessibility of much needed medical gloves in Uganda.

PROJECT LOCATION:

Uganda

LEAD AGENCY/ PROJECT PROMOTER:

Uganda Investment Authority

CURRENT STATUS/ STAGE OF PROJECT:

Expansion

ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:

Private

AVAILABILITY OF PRE-FEASIBILITY STUDIES, FEASIBILITY STUDIES, AND OTHER STUDIES:

Feasibility study completed

ESTIMATED COST OF THE PROJECT:

USD 26 million

INVESTMENT REQUIRED

USD 23 million

REMARKS:

At current full capacity of 95 million pieces of gloves per annum, EAMV can only capture about 70% of Uganda’s current total glove market (134 million pieces) for both surgical and examination gloves and only 12% of the regional estimated total glove market (810 million pieces) for both surgical and examination gloves.