Secunderabad-based KIMS to set develop green field hospital in Odisha capital Bhubaneswar

Bhubaneswar: Secunderabad-based KIMS to set develop green field hospital in Odisha capital and healthcare network in the city in PPP mode. On this regards a memorandum of understanding (MoU) was signed between BMC and the Krishna Institute of Medical Sciences (KIMS), Secunderabad.
From KIMS side their vice-president Dr B Abhinay signed the document, from BMC deputy commissioner (projects) Srimanta Mishra signed the MoU. During the MoU signing ceremony Health Minister Pradip Kumar Amat, Housing and Urban Development Minister Pushpendra Singh Deo, Tourism and Culture Minister Ashok Chandra Panda, BMC Mayor Ananta Narayan Jena, MLAs (Bhubaneswar North) Priyadarshi Mishra and (Bhubaneswar Central) Bijay Kumar Mohanty, Deputy Mayor K Santi and BMC Commissioner Dr Krishan Kumar were present.
The project, as per the claims by the KIMS authorities, would be completed within 24 months time, though in the agreement, the time is given for 48 months.
The private partner shall develop a new multi-specialty hospital at Mancheswar (Gadakana Mouza) and upgrade five existing dispensaries of BMC at Kapilaprasad, Brahmeswar Patna, Gadakana, Rasulgarh and Bharatpur into primary and secondary healthcare centres. M/s International Finance Corporation (IFC), a wing of World Bank Group, is the transaction advisor for the project.
KIMS would add around 800 hospital beds in Bhubaneswar covering primary, secondary and tertiary healthcare entailing an investment of around Rs 425 crores. The Government of Odisha shall provide a Viability Grant Fund of Rs 51 crores for this project which shall be disbursed in a phased manner upon achieving pre-determined milestones. On an average, the project will have around 45 per cent of total patients from economically weaker segments.

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