Sri Lanka, Feb. 8 -- Flexicare (Group) Limited, a UK manufacturer has gained BOI approvals to begin laying the foundation for its newest state of the art manufacturing facility in Sri Lanka.

The project which will be located in Bandaragama is expected to represent an investment in excess of U$10,000,000 over the course of the coming years and will create 600 new jobs in the region, in what is the first medical device manufacturing of its kind in the country with a fully integrated operation.

The company with subsidiaries in over 12 countries and 2 manufacturing sites, provids disposable medical consumables to over 110 countries.

The Agreement was signed on behalf of Flexicare by Ghassem Poormand, Chairman of Flexicare (Group) Limited.