Navigation Links
IFC to Invest About Rs.3 Billion in Max Healthcare

International Finance Corp. (IFC), the private sector division of World Bank, Monday announced its plans to invest Rs.3 billion in India's Max Healthcare Institute for its expansion plans.

Max Healthcare Institute is a subsidiary of Max India, a multi-business company with interests in life insurance, health care, clinical research, and specialty plastics.

"While the government is focusing its resources on increasing services to the rural areas, it is critical for the private sector to complement the public sector by expanding access to meet the demand," Guy Ellena, IFC director for health and education, said in a statement here.

The proposed expansion will add 452 beds to Max Healthcare's existing 765-bed capacity in its hospitals. It will also include adding 268 beds to its Patparganj unit here; a new 100-bed secondary and tertiary hospital in Dehradun; and an 84-bed tertiary hospital focused on obstetrics, gynaecology, and paediatrics at its Saket branch in south Delhi.

The project is also expected to create 4,500 jobs in the medical industry during the construction phase.

"Max Healthcare is proud to partner with IFC. This partnership recognizes our efforts to establish benchmarks of medical excellence and outstanding quality of service," said Max India chairman Analjit Singh.

"IFC's investment will help us realize our vision of emerging as one of India's leading healthcare providers," Singh added.

IFC, which supports private sector-led development through direct investment to promote growth, has invested over 400 million dollars in various projects across India in the 2005-06 fiscal.


'"/>




Page: 1

Related medicine news :

1. Invest on gym memberships
2. Investigations That Help Detect Lung Disease
3. Sitagliptin, Under Investigation For Type 2 Diabetes
4. China Doubles Its Investment In AIDS/HIV Treatment.
5. Biocon To Raise Its Investment In Scotland
6. Cocoa Treats: Chocolates, as a Health Investment? Chew on this!
7. President Bush Urges Citizens to Invest In Health Savings Account (HSAs)
8. Doctor Accused Of Misdiagnosing 208 Patients: Further Investigation Ordered
9. Legionnaires Investigation in Chatswoods Shopping Area
10. New Multi-functional Sensing Tool To Investigate Cystic Fibrosis
11. Investigation to identify the source of HIV infection
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:2/8/2016)... ... , ... CURE Media Group , the nation’s leading digital and print ... Awards event , which will annually honor individuals making heroic contributions in the field ... MM Heroes Awards nomination process is officially open through February 17 for patients, ...
(Date:2/8/2016)... PA (PRWEB) , ... February 08, 2016 , ... ... expanded authorization with BASF Human Nutrition into the Food & Beverage ... BSI has been BASF’s channel partner throughout Canada and USA geographies east of ...
(Date:2/8/2016)... Houma, LA (PRWEB) , ... February 08, 2016 ... ... Louisiana from offices in Houma, LA, celebrates the beginning of a new charity ... raised to assist Court Appointed Special Advocates (CASA). In the belief that children ...
(Date:2/8/2016)... ... ... man who has struggled to quit smoking, a man who has struggled with hair loss ... to his problems – and he did. Now Nabat, a serial entrepreneur featured as the ... inventions to the world and better people's lives. His own experience with nicotine addiction led ...
(Date:2/8/2016)... ... ... If you are feeling that your clothes are a tad snug, the ... Center for Disease Control and Prevention (CDC), 34.9% of U.S. adult women are overweight. ... some of the leading causes of preventable death. February is heart health month ...
Breaking Medicine News(10 mins):
(Date:2/9/2016)... and HONG KONG , Feb. ... Simon Pedder , PhD, has joined Athenex as Vice President ... and Mr. Raymond Yeung , MSc, MBA has joined as ... Asia-Pacific, based in Hong Kong . ... management team that I have known for a while. Coupled ...
(Date:2/9/2016)... , Feb. 9, 2016  Bluestar Silicones will ... product line for long-term implant applications and announce ... Design & Manufacturing (MD&M) West Conference (Booth #1759), ... --> --> Available ... Biomedical LSRs offer outstanding physical properties enabling our ...
(Date:2/8/2016)... , Feb.8, 2016 Cardiac ... Summary GlobalData,s Medical Devices sector report, ... Assessment, 2015 " provides an overview of Cardiac ... report provides comprehensive information on the pipeline products ... stages of development. The report reviews major players ...
Breaking Medicine Technology: