Projects under way to make SL self-sufficient in pharmaceuticals: Prof. Jayasumana | Daily News

Projects under way to make SL self-sufficient in pharmaceuticals: Prof. Jayasumana

‘Rs.60 billion import expenses cut-down expected’:

According to a concept of President Gotabaya Rajapaksa, the State Ministry of Pharmaceutical Production, Supply and Regulation has launched several programmes with the intention of making Sri Lanka self-sufficient in pharmaceuticals within the next four years, Pharmaceutical Production, Supply and Regulation State Minister Prof. Channa Jayasumana said.

“Accordingly, an agreement has been reached to establish an investment zone for local investors in a 100-acre land at the 2012 ‘Deyata Kirula’ premises in Oyamaduwa, Anuradhapura. Land acquisition for these projects has been completed with the assistance of the Head of the Presidential Task Force for Economic Revival, Basil Rajapaksa,” the state minister said. He made these observations participating in an inspection tour of ‘Deyata Kirula’ site, recently.

The state minister further said that around 10 local investors have come forward to construct factories at the premises. At present, around 85% of the country’s drug requirement is met through imports at an annual cost of Rs.130 billion. Therefore, producing pharmaceuticals locally will pave the way to save Rs.60 billion annually.

“In this Oyamaduwa pharmaceutical village, we hope to produce painkillers and antibiotics, as well as drugs for cancer and neurological disorders. The surplus of these drugs is also expected to be exported. Local investors have close ties with countries in the African region. Therefore, it is easy for us to do this work,” he added. Prof. Jayasumana instructed the relevant officials to carefully go through the plans of the proposed factories and allow them to start construction work without causing any harm to the environment. State Ministry Secretary K.R. Uduwawala and State Ministry officials participated as well.