Asiri Port City Hospital (Pvt) Ltd, a subsidiary of Asiri Hospital Holdings PLC, has reached an agreement with the Colombo Port City Economic Commission to develop and operate a cutting-edge hospital with over 500 beds in the Port City Colombo (PCC), Sri Lanka. The hospital, which is estimated to require an investment of USD 100 million, will be developed in line with the Master Plan of the Colombo Port City Economic Commission.
The proposed hospital will be one of four main social infrastructure development projects identified for the Port City Colombo, according to a statement released by Asiri Port City Hospital. The Colombo Port City Economic Commission and Asiri Port City Hospital (Pvt) Ltd plan to enter into an Indenture of Lease for 99-year leasehold rights for the development and operation of the proposed hospital, subject to completion of conditions precedent by the parties.
Asiri Hospital Holdings PLC, the largest private healthcare provider in Sri Lanka, will lead the project. The company, renowned for offering technologically-driven and cutting-edge healthcare services, currently operates eleven medical facilities across the island with over 800 beds.
Asiri Port City Hospital (Pvt) Ltd has partnered with an international corporation recognized globally for its innovative treatment options, which will provide strategic and/or operational consulting services to the hospital.
The proposed hospital aims to deliver innovative and state-of-the-art healthcare solutions and unique patient care services to promote health through integrated clinical practice, education, and research. The hospital will engage local and international medical experts and specialists, supported by internationally trained and experienced nursing and medical care staff, according to the company’s statement.
Mr. Ashok Pathirage, Founder and Chairman/Managing Director of Softlogic Group, the parent company of Asiri Hospital Holdings PLC, stated that the project marks a significant milestone in the country’s journey to develop and attract medical tourism to Sri Lanka. Pathirage believes that “it is pivotal for Sri Lanka at this juncture to aspire and be bold in taking the initiative to help revamp the country’s healthcare sector to newer heights and becoming Asia’s preferred medical tourism destination and in the process contribute to re-engineer the economic and social development in Sri Lanka.”
