InnovMed Tech Group

Chinese group Jiangsu Aishelun Medical Technology Group, through its Moroccan subsidiary InnovMed Tech Group, began construction of a new factory at Tanger Tech. The €20 million investment will produce medical devices such as incontinence products and protective equipment.

Jiangsu Aishelun Medical Technology Group approved a $21.4 million investment for the first phase of a 31,348-square-meter medical device plant in Mohammed VI Tangier Tech City, Morocco. A $14.1 million construction contract has been earmarked for this phase.