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Qatar NRIs to set up Rs.1,300 crore healthcare project in Kochi


Kochi: Cochi Medi City and Tourism Pvt Ltd, promoted by a group of Qatar-based NRIs hailing from Kerala including medical professionals and businessmen, on Tuesday announced the setting up of a state of the art Rs.1,300 crore health care project here.

“It will be operational in three years time and provide 7,500 direct and 25,000 indirect employment opportunities,” the firm’s chairman Mohan Thomas Pakalomattom told reporters here.

This project has a vision of establishing a modern super-specialty hospital and healthcare system offering international standards of care at an affordable cost.

The project will be set up in 52 acres of land out of 140 acres that they possess and has been designed as an eco-friendly project according to vice chairman Mathew Francis Kattukaran.

Among the other facilities will be a 50-bed ayurvedic spa and a research centre to research on the ayurvedic medications and to develop appropriate drugs with the help of internationally benchmarked labs.

This venture promoted by a group of NRIs from the Middle East and the West, with a preliminary understanding with Mayo Clinic and Cleveland Clinic for providing technical support to the hospital.

“Many of the Indian doctors settled in the West have expressed their willingness to spend few months of their time in this hospital to train our doctors as a social commitment to their motherland who have given them their initial medical education,” said Mibu Jose Nettikkadan, director operations.

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