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India : IFC partnered with ODISHA Govt. to make specialty hospitals.

IFC, the investment unit of the World Bank Group, has collaborated with Odisha government to enhance health infrastructure under PPP mode in the state by making about 12 specialty hospitals.

The World Bank group firm said, "IFC and Odisha government have partnered to improve health infrastructure on public-private partnership model."

As the main transaction advisor, IFC might structure the start up of low-cost hospitals that might provide quality medical care at affordable rates to residents, particularly those residing in smaller towns and rural areas.

In the affordable healthcare project in the state, around 12 hospitals with 50-200 beds each might be developed.

At its complete limit of 2,400 beds, the project might hike the net beds in the state by 8% and accelerate availability of private beds by 15%.

Arti Ahuja, Principal Secretary, Odisha Health and Family Welfare department said, "The government has taken a lead in developing practical and larger-impact models involving private sector partnerships to provide critically-needed health infrastructure. This project would create affordable healthcare facilities on a decentralised model."

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Publication:Mena Report
Geographic Code:9INDI
Date:Feb 9, 2016
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