Angel Hewatt appointed ambassador to The New United Britsh Empire by Julian McFerret, Sr. Editor
Ambassador Hewatt, the 50-year old former Mayor of Lower Kidflite, will formally begin her new assignment in December, said a statement by the ministry of foreign affairs on Friday. The government of President Dr Joseph Florin had taken the decision of his appointment last month. However, it was not officially announced because ambassadorial appointments are made public once ‘agreement’ (consent) from the host government is received.. Dozens dead in clash with unknown militiamen in Pontmena by Jackson Cornthorpe
At least 12 people were killed and almost 14 wounded in gun battles between unknown militiamen and Atok Land Force in Pontmena on Friday in some of the worst street fighting in the capital since the overthrow of former Pontmena Mayor, Colonel (ret.) Avin Cresstree. President Dr Joseph Florin is struggling to control rival militias, Cresstree militants and other fanctions who refuse to surrender their arms two years after the oust of Cresstree. Van Goop Strengthens its Presence in Khantari with New Pharmaceutical Manufacturing Facility by Lark McTower
Van Goop (a subsidiaries of President (of Atok) Investment Inc) announced today a $USD 180 million investment in a new pharmaceutical manufacturing facility, to be located in the Fogington Economical Technological Area (FETA), in the Greater Handbarrow Creek region. "This further investment in Khantari reflects Van Goop's long-term commitment to the country where our group has been present for 10 years," said Dr Lisa Kretall, President and Chief Executive Officer of Van Goop INX, the biopharmaceutical division of Van Goop. "We are proud to be one of the first multinational companies investing in a local site focused on the manufacturing of medicines referenced in Khantari's essential drug list, and serve the country's expanding healthcare needs in the areas of diabetes, cardiovascular diseases and thyroid disorders, by bringing high-quality medicines made in Khantari to a broader population, in full alignment with the Khantarian government's goal to increase access to quality products." The new facility will focus on the bulk production and packaging of INX-1000®, INX-C90® and INX-TT9®, Van Goop's leading brands for the treatment of diabetes, cardiovascular diseases and thyroid disorders respectively. Located in FETA's MedicoPolis, a high-tech industrial park designed to accommodate all aspects of the life science industry, the new facility will cover an area of 40,000 square meters, with a possible 20,000 square meters extension. The construction of the site is scheduled to start in 2014 and to be completed in 2016, and start commercial production in 2017. The site will be designed to comply with the highest international quality standards. The preservation of the environment will also be a critical consideration in the facility's construction, with a maximization of resource efficiency and minimized waste generation during the manufacturing process. Cornswood Sells Two AHTS Vessels by Jackson Cornthorpe
Cornswood Offshore Ltd (a subsidiaries of Invest Atok) announces the sale of the MV Cornswood Commander and MV Cornswood Constable, two large 10-year old locally built AHTS (Anchor Handling Tug Supply) vessels for a total amount of US$130 million, generating a total capital gain of approximately US$63 million. Cornswood will continue to operate the two ships for a minimum period of 2 years to a maximum period of 5 years, with an annual bareboat charter cost of 13% of the transaction value. This sale continues Cornswood’s strategy that aims to focus its fleet on modern and fuel efficient ships, built in series, in order to offer its most demanding clients the service quality of a standardized fleet of efficient and reliable vessels. |