# Intco Medical to invest 5 billion yuan in glove production project in Anhui

Intco Medical's wholly-owned subsidiary Anhui Intco plans to invest 50 billion yuan in the Intco Medical Industrial Park年产520亿只 (5200万箱) high-end medical glove project. The project is scheduled to start construction in 2021 and be completed in 2023.

- Type: Investment
- Announced: 2021-03-01
- Where: Anhui, China, China
- Value: $770.0M (5.00B CNY)
- Starts operating: 2023
- Status: announced
- Capacity: 520 billion gloves per year (52 million cases)
- Products: high-end medical gloves
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Intco Medical](https://endata.com/companies/51554.md)
- [Anhui Intco](https://endata.com/companies/53537.md)

## Sources

- [cs.com.cn](https://www.cs.com.cn/ssgs/gsxw/202103/t20210301_6142634.html), 2021-03-01: "英科医疗3月1日晚间公告，根据公司战略发展需要，同时为缓解快速增长的一次性手套市场需求，巩固公司在一次性医疗防护手套领域的行业地位，促进业务进一步增长，公司的全资子公司安徽英科拟投资50亿元人民币用于英科医疗产业园年产520亿只（5200万箱）高端医用手套项目。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.