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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."
The BOI said Med1 was started in 2011 under its approval to provide medical and first aid trading, a public access defibrillation program, and a 24-hour, trilingual first aid advice line.
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.
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