Cabinet approval has been granted to take over the Homagama Base Hospital and upgrade it as a teaching hospital for the establishment of a Faculty of Medicine under the National School of Business Management (NSBM).

According to the government, it has been proposed to establish a medical college under the direct supervision and regulation of the Ministry of Education, the Ministry of Health and the Sri Lanka Medical Council by the National School of Business Management, a fully self-financed institution-owned by the government.

It is proposed to award MBBS degrees through the medical college and to enroll 500 local and foreign students annually for the relevant degree course.

The institution has sought approval to reserve the Homagama Base Hospital as a suitable government hospital for clinical training for the degree of this Faculty of Medicine.

Since the approval of the Cabinet was already given for the use of the Homagama Base Hospital for the clinical training of NSBM medical students, it has been proposed to prepare a mechanism to reserve the hospital on the basis of resource sharing for the clinical training of medical faculty students as well as professor unit facilities.

The National School of Business Management has agreed to provide the necessary funds for the development of the Homagama Base Hospital in accordance with the standards of medical education published by the Sri Lanka Medical Council.

As such the Cabinet approved the proposal presented by the President to take over the Homagama Base Hospital under the purview of the Ministry of Health and upgrade it as a teaching hospital.