The Business Times
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From pipes to medtech, Vicplas International eyes expansion in China and Americas

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Venga Subramaniam

Venga Subramaniam

Published Mon, May 30, 2022 · 05:50 AM
    • One of the attributes that gives Vicplas an edge is being “highly vertically integrated”, said deputy group chief executive officer Walter Tarca.
    • One of the attributes that gives Vicplas an edge is being “highly vertically integrated”, said deputy group chief executive officer Walter Tarca. PHOTO: YEN MENG JIIN

    DESPITE nervy times in China, mainboard-listed Vicplas International will stick to its plan to open its third and latest medical technology (medtech) manufacturing outlet in Changzhou next month — ramping up its medical devices production capacity in the country by 60 per cent.

    It currently already operates 2 medical devices manufacturing plants there: one in Changzhou and another in Xiamen.

    “Quite frankly, we’ve maxed out the capacity in our other (Changzhou) plant. We have a number of projects that are reaching the end of their commercialisation phase,” said deputy group chief executive officer of Vicplas International, Walter Tarca.

    VicplasMedtech/healthtechCovid-19ManufacturingTopline

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