China funds Cuba Biotechnology Industry Base

Funder	Unspecified Chinese Government Institution
Recipient Organization	Cuba
Country	Cuba
Start Date	Jan 01, 2014
End Date	Apr 23, 2026
Duration	4,495 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54868`

Grant Description

In November 2014, a China-Cuba biotechnology industry base was set up in Wuhan National Bioindustry Base (also known as Biolake). The project has a total investment of 500 million yuan.

After completion, it is expected to produce 60 million liquid preparations, 600 million tablets, 600 million capsules, and high-end APIs.500 kg annually. The exact Chinese investment amount is unknown. This project is supported by Hubei Province.

📚 Sources & References

Hubei's first bio-industry cooperation project with Cuba settled in Wuhan Optics Valley
Hubei, a Chinese province committed to Cuba Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.