An MoU has been signed between Indo-UK Healthcare and Shapoorji Pallonji to construct 11 institutes of health with an investment of over Rs 10,000 crore.
As per the MoU, the first hospital, King's College Hospital, England will come up in Chandigarh at an investment of Rs 1,000 crore. The other Indo-UK Institutes of Health will come across 10 states and will include multispecialty NHS-branded hospital for healthcare delivery, clinical support services, NHS e-health, staff accommodation, a medical college, a nursing college, R&D facilities, medical manufacturing facilities and a medical mall.
The project, once completed, will employ 5,000 doctors and 25,000 nurses, allied health specialists for the 11,000 beds. The medical and nursing colleges will train 15,000 new MBBS doctors and 20,000 nurses. Elara Capital shall be acting as sole advisor for raising funds for these projects.