Business

Flexicare Group sets up medical consumables and devices manufacturing plant in Bandaragama

11 March 2019 - 101   - 0

Flexicare Lanka (Pvt)Ltd., a fully owned subsidiary of Flexicare Group, U.K. will establish a state of the art modern manufacturing facility in Bandaragama with a total investment of over USD 10 Million which is a Board Of Investment of Sri Lanka approved project.

The foundation stone laying ceremony was held today (March 11) with Minister of Health Rajitha Senaratne presiding at the occasion that was graced by several other cabinet ministers and foreign envoys.

This is 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 our exclusive distributor, Technomedics International Pvt Ltd.

 

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