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September 7, 2023

September 7, 2023

IIHS Multiversity: Leading the Way in Healthcare Education Across South Asia, Joins Hands with the U.S. International Development Finance Corporation

International Institute of Health Sciences (IIHS), a leader in healthcare education in South Asia, takes immense pride in announcing the grand inauguration of the IIHS Multiversity, a sustainable international-standard nurse training center.

This momentous achievement has been made possible through an innovative financial partnership with the U.S. International Development Finance Corporation (DFC), the United States’ development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today.

For over 20 years IIHS has been at the forefront of nursing education in Sri Lanka, striking partnerships with global leaders, such as Coventry University and Britain’s National Health Service. IIHS graduates have gone on to impressive careers in Sri Lanka, South Asia, and globally. The significant investments made to build the IIHS Multiversity underscore IIHS’ unwavering commitment to advancing 21st-century medical knowledge, patient care, and sustainable educational methodologies.

“New U.S. government investment in healthcare education is critical to Sri Lanka’s healthcare sector,” said U.S. Ambassador to Sri Lanka Julie Chung. “This visionary healthcare partnership underscores the United States’ commitment to nurturing the future generation of healthcare professionals. It also exemplifies how U.S. financing can grow local businesses, economic growth, employment, and prosperity within Sri Lanka.”

“We are delighted to inaugurate Sri Lanka’s sustainable international learning center, made possible through the support of DFC,” stated Dr. Kithsiri Edirisinghe, CEO of IIHS. “This state-of-the-art, sustainable facility stands as a testament to our commitment to healthcare education and environmental responsibility. With the partnership of DFC, we have realized our aspiration of crafting an innovative and sustainable learning environment that will profoundly shape the future of education across South Asia.”

“DFC is pleased to support the IIHS Multiversity. DFC’s investment will support the development of a new campus, increasing capacity to train students pursuing professional careers in nursing and other healthcare-oriented fields of study,” expressed James Polan, Vice President of DFC’s Office of Development Credit. “This transaction demonstrates DFC’s dedication to increase the number professional healthcare providers in South Asia.”

The IIHS Multiversity will serve as a hub for a diverse array of educational programs, collaborative research initiatives, and workshops that champion sustainability, innovation, and interdisciplinary learning. The partnership between IIHS Multiversity and DFC establishes a precedent for comprehensive education that caters to the needs of students, patients, and the planet.

DFC’s investment in IIHS advances DFC’s Global Health and Prosperity Initiative which invests in health services and infrastructure, health commodity manufacturing and supply chain, and health technology as well as clean water, sanitation, and nutrition.