Developing private hospitals in Sri Lanka

Developing private hospitals in Sri Lanka

Investment opportunity: the proposed hospitals are for Gampaha, Ratnapura and Jaffna districts.

Each hospital should have 125 beds minimum to cater the locality’s needs.
• The urgent need of developing special hospitals for heart patients has been identified as a priority intervention in the health sector with the island nation observing an increase in non-communicable diseases.
• The proposed project is aimed at improving accessibility to modern and high quality services in relation to medical and surgical tertiary care, and the hospitals are expected to fill the vast gaps in healthcare services delivery.

Location of the proposed: 1 acre Urban Development Authority land within the city of Kurunegala for the 1st hospital

Government contribution: lands offered for projects on long term lease basis.

Value of investment: USD 5 million.

Method of investment: foreign direct investment

Commencement date: investor could start on project ASAP by submitting proposal and obtaining BOI approval.

Granting approval: The Board of Investment of Sri Lanka would facilitate the obtaining of clearances/approvals from the Ministry of Health for the proposed hospital projects.

OSL Take:

The unity government is encouraging FDI’s in to the ailing healthcare sector of the island by way of offering land on long term lease and a host of BOI concessions.

The sustainability goals proposed by the UN are also taken in to consideration when developing these District Hospitals, and overseas investors will receive the fullest cooperation and support from the government ministries entrusted to develop this vital sector as a team.

OSL as the leading funding matchmaker to government proposed infrastructure projects is at your service 24X7 to help with the way forward.

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LOCATION : Kurunegala
PROJECT VALUE : USD 5 million.
OPPORTUNITY CODE : VBS/OP/31102016/X-2

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