Sri Lanka state drugs maker doubles capacity with Japanese aid

ECONOMYNEXT – Sri Lanka’s State Pharmaceutical Manufacturing Corporation (SPMC) is expected to double annual production of tablets with Japanese aid and meet 70 percent of the island’s drug demand following a refurbishment.

It met only 43.6 percent of local demand for medicine in 2011.

The upgrade was funded by the Japanese government, which gave 1,240 million yen, under the Japan International Cooperation Agency (JICA) project “Improvement of Basic Social Services Targeting Emerging Regions.”

It included new equipment, constructing a material storage building and renovating a part of the SPMC building.

The JICA project provided a total of 3,935 million yen (about 5,232 million rupees).

The remaining funds have gone into refurbishing four secondary hospitals in Central, Sabaragamuwa, North Western and Eastern provinces and procuring 86 ambulances.

(COLOMBO, 15 October 2018)

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