Falck will provide emergency medical services in Colombo with a fleet of European standard ambulances, a 24 tri-lingual dispatching centre and will train medical care providers the BOI said, without giving any investment value.
"The partnership between Med1 and Falck not only enables us to implement a high-class emergency ambulance service in Colombo; it will also ensure we have the future resources and capacity required to expand our coverage across Sri Lanka," the statement quoted Donnie Woodyard chief executive of Med1 as saying.
"Our goal is to implement a reliable, high quality service that is also affordable."
The BOI said Falck is one of the largest multinational ambulance services provider globally an d is in 30 countries operating over 1,800 ambulances responding to more than two million emergency calls each year.
The BOI said visitors to the island "whether tourists, entrepreneurs or investors will be reassured that a world leader in emergency ambulance services now has a presence in the island."