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| Sunday, 14 September 2003 |
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Business |  |
| News Business Features Editorial
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Durdans on modernisation drive by Hiran H. Senewiratne One of Sri Lanka's oldest private medical institutions, Durdans Hospital (Ceylon Hospitals Ltd) will broad base its capital structure by being listed in the Colombo Stock Exchange (CSE) in the near future. Durdans will invest around Rs 100 million within the next 18 months for a modernisation project to keep the property in line with international standards. The money raised through the listing will be utilised for the development of the infrastructure in the hospital including theatres, labs, neuro-surgical units and emergency care units. "We want to be the best medical care institute in Colombo, by providing world class health care to Sri Lankans," said Chairman Ajith Tudawe. He said the hospital completed a five year re-modelling and modernisation project last month and expects to take many progressive steps in the future. Durdans' business has not been affected by competition in the health sector due to its permanent client base. The hospital caters to upper middle class and middle class segments in the country, Tudawe added. The hospital was established in 1945 as a family business and has experienced many changes during its presence in the health care business, he said. Tudawe also hinted that they are in the process of focusing on specialising in a few core business areas to offer super-speciality services for patients. |
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