World leading Emergency Services Company to Invest in Sri Lanka
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- Created on Wednesday, 29 August 2012 20:46
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The world leading international Emergency Services Company, Falck (Denmark) has acquired 50 percent of Sri Lankan Emergency Medical Services (EMS) company, Med1 (Pvt) Limited. Med1 plans to launch emergency medical response services in the Colombo area by the end of 2012. “The partnership between Med1 and Falck not only enables us to implement a high-class emergency ambulance service in Colombo; it will also ensure we have the future resources and capacity required to expand our coverage across Sri Lanka. Our goal is to implement a reliable, high quality service that is also affordable,” says Donnie Woodyard Jr, Med1 CEO.
Falck’s initial investment will be focused on operationalizing EMS in Colombo. This will include further development ofMed1’s, 24-hour, trilingual dispatching center, putting a modern fleet of European standard ambulances and response vehicles on the road, and hiring and training hundreds of new medical care providers to offer international quality medical care in Sri Lanka.
Med1 is a Sri Lankan Board of Investment approved company established in 2011 to implement international standard Emergency Medical Services in Sri Lanka. Med1’s current offerings include: medical and first aid training, a public access defibrillation program, and a 24-hour, trilingual first aid advice line.
The Chairman/ Director General of the BOI, Mr. M.M.C Ferdinando stated “this agreement is a very important one for Sri Lanka as it will introduce the country and her people to a standard of world class out of hospital health service.
As many will appreciate, Falck, which is the partner and shareholder of the investor Med 1, is one of the world leaders in emergency ambulance services. Hence this agreement with the BOI is very significant since it will contribute in bringing health services in the country up to international standards, in this vital area.
Falck is one of the world leaders in their field, having a presence in 35 countries globally. It is already one of the main companies in Europe for emergency ambulance services. Falck own 50% of Med 1, who signed an agreement with the BOI and it is a very positive fact that recently they have publicly stated that Sri Lanka will be their entry point in Asia.
