PROJECT

Projects

Summary of Investment Information

Project Number

44497

Company Name

BLUE SAIL MEDICAL CO., LTD.

Date SPI Disclosed

Feb 1, 2021

Country

China

Region

East Asia and the Pacific

Projected Board Date

Mar 3, 2021

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 23, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Health, Education and Life Sciences

Previous Events

Approved : Mar 17, 2021
Signed : Mar 31, 2021
Invested : Sep 20, 2021

Sector

other

Project Description

Blue Sail Medical Co., Ltd. (“Blue Sail”, or the “Company”) is a leading medical consumables manufacturer in China and one of the world’s largest manufacturers of medical gloves. Due to the COVID-19 pandemic, there has been a demand surge for medical gloves around the globe. The Company is planning to set up a new plant with an annual capacity of 20-billion nitrile gloves in Zibo, a tier-4 city in Shandong Province (the Project) to meet the demand surge.
                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation