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:10/12/2017)... ... ... The American College of Medical Informatics (ACMI) will present the 2017 Morris F. ... AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium is taking place ... the field of medical informatics, this prestigious award is presented to an individual whose ...
(Date:10/12/2017)... ... October 12, 2017 , ... Dr. Parsa Mohebi, the ... medical article to the newly revamped Cosmetic Town journal section, featuring ... transplant procedure known as Follicular Unit Extraction (FUE). , Dr. Mohebi ...
(Date:10/12/2017)... ... ... On Saturday, October 21, the Health & Wellness Center at Florida Hospital ... for the American Heart Association Heart Walk. Teams of up to 10 people can ... their treadmills moving for 5 hours. Treadmills will start at 7:00 p.m. on Saturday, ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... in property taxes a year. In some states—like New York, New Jersey, Massachusetts, ... contrast, many overseas retirement havens have extremely low property-tax rates, which contributes to ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... content management, presents its enhanced Pepper Flow promotional review platform at the ... Pepper Flow’s increased insight-driven capabilities help marketers streamline the medical, legal, and ...
Breaking Medicine News(10 mins):
(Date:10/12/2017)... Pa. , Oct. 12, 2017 ... leader in innovative solutions for injectable drug administration, today ... before the market opens on Thursday, October 26, 2017, ... the results and business expectations at 9:00 a.m. Eastern ... (U.S.) or 253-336-8738 (International). The conference ID is 94093362. ...
(Date:10/11/2017)... , Oct. 11, 2017  True Health, ... has amplified its effort during National Breast Cancer ... hereditary cancer risks. ... Clinical Oncology calculated that more than 10 million ... inherited mutations in BRCA1 or BRCA2 and have not ...
(Date:10/10/2017)... EXTON, Pa. , Oct. 10, 2017   ... leader in innovative solutions for injectable drug administration, today ... of West,s ID Adapter for improving the intradermal administration ... the Fourth Skin Vaccination Summit in May 2017 by ... Team Lead, Polio Department, World Health Organization (WHO), and ...
Breaking Medicine Technology: