The International Balance Group IBG has decided to enter the Saudi Business Market through Funding and Executive Management Of Industrial Projects.
The Lebanese Businessman and CEO of the International Balance Group Of Companies, Mr. Ghais Makhlouf, signed an initial Memorandum Of Understanding with Saudi Business Group Ruwad Al-Mustaqbel to finance and manage the 1 Billion USD project for Pharmaceutical and Medical industries and Manufacturing Complex, to be considered the largest in MENA Region.
The project is a Greenfield project and is consisted of 3 phases development which are expected to be completed after 2 years of initial 1st phase completion and operation.
The International Balance Group IBG shall manage the full process of funding and oversee the project management development of the 3 phases till full completion and implementation strategies.
The International Balance Group IBG is also planning with its leading strategic partners in the field of pharmaceuticals and medical manufacturing industries to expand such pioneering and strategical manufacturing projects to many countries regionally and internationally.