A group of Qatar based NRIs hailing from Kerala, that includes medical professionals and businessmen, have announced the setting up of a Rs.1,300 crore health care project in Kochi. Cochi Medi City and Tourism Pvt. Ltd, promoted by a group of Qatar-based NRIs hailing from Kerala, announced the setting up of a state of the art Rs. 1,300 crore health care project, in Kochi, Kerala.
According to the firm's chairman Mohan Thomas Pakalomattom, "It will be operational in three years time and provide 7,500 direct and 25,000 indirect employment opportunities". The goal is to establish a modern super-specialty hospital and health care healthcare system offering international standards of care at an affordable cost price.
Vice chairman Mathew Francis Kattukaran said the project to be built on 52 acres of land out of 140 acres, which they possess and have been designed as an eco-friendly project.
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 has a preliminary understanding with Mayo Clinic and Cleveland Clinic for providing technical support to the hospital.
According to Mibu Jose Nettikkadan, director operations, "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".