Positioning Sri Lanka as A preferred destination for PHARMACEUTICAL INVESTMENT
Pharmaceutical manufacturing is undergoing major transformation globally and Sri Lanka has a strong potential become a preferred destination. This Discussion Paper is prepared by RemediumOne to initiate discussions with Sri Lanka’s policy makers on how create a favorable regulatory, investment and infrastructure framework and
develop Sri Lanka as Center of Excellence for pharmaceutical manufacturing.
This Paper address the following:
– Pharmaceutical Production – Present Reality
• Basic terminology,
• Understanding of pharmaceutical manufacturing
• Imperatives for local production
– Understanding the dynamics of investment in the pharmaceutical sector
• Prerequisites for investment in the pharmaceutical sector
• Drivers and determinants for investment in pharmaceutical sectors
– Guide for Sri Lanka seeking to attract FDI in pharmaceutical sector
• Government support and institutional support
• Incorporating development dimension
• Choosing which investors to market
• Getting basis right
• Strategic use of invest promotion agencies and investment incentives