Multi-Specialty Private Hospital

INVESTMENT PROPOSAL

Project: Multi-Specialty Private Hospital

Location: Jaffna, Sri Lanka

Proposed by: RNL in collaboration with Leading Health Sector Investor

1. THE OPPORTUNITY

Jaffna District is one of Sri Lanka’s most underserved healthcare markets.

Despite being home to 600,000+ residents and the region’s premier public facility (Teaching Hospital Jaffna), there is no fully equipped private multi-specialty hospital capable of meeting the rising demand for specialist care, advanced diagnostics, and quality inpatient services.

This creates a clear supply–demand gap and a compelling first-mover investment opportunity.

2. MARKET DRIVERS

• Demographics: Rapidly ageing population and a rising burden of non-communicable diseases (diabetes, heart disease, cancer, CKD).

• Utilization: Sharp national increase in OPD visits, clinic attendance, and hospital admissions (2022–2023).

• Spending Power: Growing health insurance coverage, higher out-of-pocket spending, and a distinct preference for Western medicine.

• Diaspora Influence: Strong inflow from the diaspora with the ability and willingness to pay for quality private healthcare.

• Access Barriers: Limited local access to advanced diagnostics forces patients to travel outside the Northern Province for care.

3. THE GAP

• Public Sector: Teaching Hospital Jaffna faces patient overflow, congestion, and service gaps.

• Private Sector: Existing private providers lack scale, ICU capacity, modern diagnostics, and multi-specialty coverage.

• Infrastructure: Absence of a state-of-the-art laboratory and imaging hub in the region.

Conclusion: Demand is proven; Supply is constrained.

4. THE SOLUTION

RNL, in collaboration with a leading Health Sector Investor, is in the progress of building a state-of-the-art Multi-Specialty Hospital.

Phase 1: Immediate Implementation

• Scale: 60 Beds | 100,000 sq ft

• Critical Care: ICU, HDU, ETU

• Surgical: 4 Operating Theatres

• Services: Maternity, Paediatrics, Specialist Clinics

• Diagnostics: MRI, CT, Advanced Labs, Dialysis Unit

Phase 2: Strategic Expansion

• Scale: Expansion to 100 Beds

• Focus: Enhanced critical care and specialist capacity.

5. STRATEGIC ADVANTAGE

• Prime Location: Approximately 200 meters from Teaching Hospital Jaffna.

• Consultant Access: Immediate access to top specialist consultants.

• Patient Capture: Strong potential for referral and overflow capture.

• Flexibility: Ideal for emergency collaboration and elective care.

• Market Reach: Positioned to serve the local population, visiting diaspora, and medical tourism.

6. FINANCIAL HIGHLIGHTS

Note: Projections are based on conservative assumptions focused on the local population, with significant upside potential from diaspora-focused marketing.

7. WHY INVEST NOW?

1. Untapped Market: One of Sri Lanka’s last untapped private healthcare markets.

2. First-Mover Advantage: Opportunity to secure dominance in the Northern Province.

3. Alignment: Strong alignment with demographic trends and healthcare demand.

4. Dual Benefit: Opportunity to combine commercial returns with regional impact.

5. Incentives: BOI incorporation enables tax incentives and investment protection.

8. THE IMPACT

• Relief: Reduces pressure on public hospitals.

• Access: Improves access to timely, high-quality healthcare.

• Retention: Retains healthcare spending within the region.

• Employment: Creates skilled employment and strengthens Jaffna’s healthcare ecosystem.