New Zealand businesses keen to invest in local healthcare

Three New Zealand medical technology companies in Colombo last week as part of the New Zealand business delegation met with Deputy Minister Faizal Cassim and Ministry of Health, Nutrition and Indigenous Medicine Secretary Janaka Sugathadasa.

Present at the meeting were representatives from Medtech Global, Fisher & Paykel Healthcare and ADInstruments, represented in Sri Lanka by Delmege Forsyth.

“New Zealand’s innovative and efficient product solutions, and demonstrated capabilities in niche products, mean the country is well placed to provide practical, easy-to-use, and cost effective solutions that improve clinical outcomes around the world,” said Ralph Hays, Trade Commissioner for Sri Lanka, who led the 20 member delegation to Colombo last week. Increasing healthcare costs is a challenge facing all nations and the need to deliver more care at a lower cost is universal. 

Discussions with the Secretary of Ministry of Health were focused on opportunities and areas of interest and collaboration, while the delegates emphasised their interest in partnering with and investing in Sri Lanka’s healthcare industry. This was a common focus among the New Zealand companies in Sri Lanka last week, who are looking to strengthen business connections with Sri Lanka ahead of the New Zealand High Commission opening in Colombo in 2019. 

New Zealand is increasingly recognised internationally as a provider of high-quality and effective services and products in health IT and medical technology. The country has a particular expertise in health information technology, with solutions that work across the continuum of care from hospitals and community clinics to telemedicine and home care.

Medtech Global Ltd. provides advanced practice management software and state-of-the-art solutions that enable health professionals to deliver improved care, and for patients to manage their health and well-being.

Fisher & Paykel Healthcare is a leading designer, manufacturer and marketer of medical device products and systems for use in respiratory care, acute care and the treatment of obstructive sleep apnea.

ADInstruments creates simple, flexible tools to help scientists and educators record and analyse data quickly and efficiently.

This latest visit by New Zealand companies is the fourth to Sri Lanka in as many years and the 13 New Zealand companies, who represent a diverse range of sectors including healthcare, ICT, specialised manufacturing, design and construction, marine and aviation training, enjoyed a productive three-days in Colombo.