With investments of several hundred crores likely for setting up of state-of-the-art private hospitals, the Pink City could emerge as a medicity. The medicity will become one of the country’s best destinations for medical tourism, which will attract people from neighbouring countries also, particularly Pakistan and Nepal. The Jaipur Development Authority has completed the process of land allotment to six big investors. Anil Dhirubhai Ambani group’s Reliance Health Ventures Ltd, which will invest INR 900 crore in the Medicity, has been granted a total of 60 acres. The BIDI, the highpower body headed by the chief minister, has confirmed the allotment of the land. This company will also set up some regional hubs in various parts of the state. Trinity Group has been allotted 3 acres for setting up a medical institute. Fortis Health Care Ltd has also planned to invest INR 1,200 crore to set up a medical college and a multi-speciality and super-speciality hospitals, has been allotted 40 acres, Bangalorebased Narayan Hrudalay would set a cardiac speciality hospital on 35 acres at a cost of INR 900 crore. Bombay Hospital and SPA Enterprise have also been allotted land measuring six and 15 acres respectively. “Medical tourism, which attracts patients from different countries for either urgent or elective medical procedures, is rapidly becoming a world-wide multi billion dollar industry. The Rajasthan government has approved the setting up of five hospitals in the private sector,” said a government official. He said the investor friendly medical policy offering tax concessions measures would attract good investors in the state. As per the policy, to get concessions and rebates, medical institutions would have to invest at least INR 5 crore. Out of the total number of beds 10% will be reserved for families below poverty line and these families will have to pay only 25% of the total amount incurred for the complete treatment. Reliance Medi Care (An Anil Ambani Group’s venture ) would build a super speciality hospital of 800 to 1000 beds, a para medical training centre, an ayurvedic centre and an old age home. The Birlaowned Bombay Hospital of Mumbai would come up with a 600-bed multi speciality hospital at a cost of INR 150 crore in Jaipur.
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