Sri Lanka and Germany discuss boosting healthcare sector
EconomyNext: An official of the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka), has met with Health Minister Nalinda Jayatissa to present a position paper on the country’s healthcare sector.
The position paper outlined key challenges faced by the healthcare industry; potential risks these challenges pose to patient safety; and a set of internationally recommended best practices to address these issues effectively and sustainably, AHK Sri Lanka said in a statement.
“Both parties recognized the importance of establishing a structured platform for continuous dialogue between the Ministry of Health and German healthcare stakeholders.
“This initiative aims to bridge regulatory and operational gaps and foster collaboration to ensure the highest standards of healthcare delivery for Sri Lankan citizens.”
AHK Sri Lanka also stressed the need to accelerate the digitalization of healthcare-related processes — especially in product registration and supply chain traceability.
“These improvements are essential to enhancing transparency, operational efficiency, and investor confidence, while also encouraging increased foreign direct investment in the sector.
Klose highlighted the longstanding presence and contribution of German healthcare companies Siemens, B. Braun, Linde, Fresenius, Dräger, and ZEISS which have supported Sri Lanka’s healthcare sector over the years.
AHK Sri Lanka extended an invitation to the Ministry for continued collaboration in areas such as training, capacity building, knowledge-sharing, and the transfer of technical know-how from Germany’s healthcare system.
OSL take:
Sri Lanka’s healthcare sector is fast-opening many business/investment opportunities. These opportunities range from the growing local demand to meeting the increasing requirements of the international market. While Sri Lanka’s local healthcare sector is in need of further expansion, especially in the state sector healthcare system, the strong trade ties enjoyed by Sri Lanka with many foreign countries have opened up opportunities in the pharmaceutical and equipment manufacturing and exports sectors. Also, the growing technologies in the global healthcare sector have also opened up opportunities in Sri Lanka’s healthcare sector which need to be introduced to the latest developments in the sector. All these factors indicate the expanding business/investment opportunities in Sri Lanka’s healthcare sector that could provide lucrative business ventures for foreign businesses/investors. Given the growth and profits recorded by local businesses in the healthcare sector, foreign businesses/investors could also look at expanding operations through partnerships or joint ventures with local businesses using Sri Lanka’s business conducive environment and strong trade ties.
| Article Code : | VBS/AT/20250711/Z_3 |