📈 Govt. Urges Higher Investment to Build Regional Pharmaceutical Hub

The Sri Lankan government has called for expanded local and foreign investment in the pharmaceutical manufacturing sector, positioning domestic production as a key driver for economic priority and national health security. • Strategic Focus & Objectives • Address national health security by reducing reliance on imports and avoiding supply chain disruptions. • Expand pharmaceutical operations beyond domestic demand to tap into regional and international export markets. • Support economic diversification, generate high-value skilled employment, and spur technological adoption. • Key Industry & Policy Commitments • The Ministry of Health pledged a predictable, transparent regulatory environment while maintaining strict quality and safety standards. • Taxpayer funds will be safeguarded by ensuring public procurement yields high value without compromising product quality. • Manufacturers are urged to drive growth through global competitiveness, innovation, and international best practices rather than protectionism alone.