header logo
Asia asset finance
Mogo Academy
Latest
Sri Lanka aims to produce 80% of medical supplies within 5 years - Health Minister
Nov 17, 202106:34 PM
Sri Lanka aims to produce 80% of medical supplies within 5 years - Health Minister

Health Minister Keheliya Rambukwella says that Sri Lanka is expecting to manufacture 80% of the country’s medical supplies within the country itself within the next five year. 

 

The minister revealed this while addressing a gathering during the opening ceremony of a state-of-the art modern manufacturing facility for medical consumables and devices by Flexicare Lanka (Pvt) Ltd., a fully owned subsidiary of Flexicare Group, UK.

 

It is envisaged that over 90% of the production will be exported bringing in significant foreign exchange to the country and well as providing employment.

 

The minister said this is the first time that a full-fledged facility has been established for medical consumables with the view of export and significant amount of products manufactured and cater to the healthcare industry in Sri Lanka. 

 

“I am also proud this is one of the areas where ‘Vistas of Prosperity’ very clearly indicated and in the manifesto we say that we are looking at manufacturing all medical supplies as far as possible with the support of the Board of Investment (BoI).”

 

“I think we are looking at a different level today. We are inviting all investors from all quarters to come and invest in Sri Lanka and particularly in the health sector.” 

 

“As of now our targets are very ambitious. In fact we looking at about 80% medical supplies to be produced in Sri Lanka within the next 05 years,” he said. 

 

He said the Finance Minister has allocated funds from his latest budget towards that end and that the BoI will take a major share of it. “I have no doubt that it will be a success at the end of the period we have stipulated.”  

 

 

 

MostRead
Mobitel Upahara
VideoStories
Colombo EV Motor Show 2026 officially inaugurated

Colombo EV Motor Show 2026 officially inaugurated

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Lassana Flora