Mar 12, Colombo: Flexicare Lanka (Pvt) Ltd., a fully owned subsidiary of Flexicare Group, UK yesterday launched the construction of a state-of-the art modern manufacturing facility in Bandaragama with an investment of over USD 10 million which is a Board of Investment of Sri Lanka approved project.
Flexicare Group UK Managing Director, Hash Poormand together with Minister of Health Dr. Rajitha Senaratne and Business Development Minister Ravi Karunanayake laid the foundation stone at a ceremony held on Monday (March 11).
This will be the first time that a fully-fledged facility is to be established for medical consumables and devices with a view to export a significant amount of the products manufactured in Sri Lanka.
It is envisaged that over 90% of the production will be exported bringing in significant foreign exchange to the country, providing employment to 600 employees during full commercialization of the manufacturing site. The local distribution of the products will be managed through their exclusive distributor, Technomedics International Pvt Ltd.
"Our vision today is no different than what it was when we started in 1989. To become the preferred and most trusted healthcare manufacturer for products that enhances patient care. Pioneering and leading the way in airway and respiratory management," Fexicare MD, Poormand said.
"We strongly feel that the project will significantly contribute to the growth of the national economy and help towards the achievement of the government's long term goals relating to 'Vision 2025' for the development of the healthcare sector," he added.
Flexicare, a leading UK manufacturer of medical devices has offices across Europe, the Middle East, India, Far East, USA and Australia and can respond to customers' needs, providing a fast and efficient service.