Localization of manufacturing of health products in developing countries

Overview

During the World Bank Group Spring Meetings 2024, IFC and WHO co-organized a private Roundtable for health product manufacturers, policymakers, international organizations and multilateral finance institutions. The Roundtable built on previous partnership engagements with manufacturers co-facilitated by IFC and WHO in the Hague during the 2nd World Local Production Forum (November 2023) and Nairobi during the Africa Vaccine Manufacturing Supply Chain Forum (February 2024), both focused on strengthening local manufacturing of health products. Below are highlights - in the form of a summary from the Chairs (IFC and WHO) - of actions required to further predictability and visibility around the global challenges of localizing manufacturing of health products in developing countries. The on-going dialogue serves to engage with stakeholders to inform their strategic planning for local, including regional, manufacturing of health products.