Plots have been allotted to four big hospital groups including Apollo and CARE in the Health City project coming up at Adarshnagar in Visakhapatnam. Aimed at showcasing Visakhapatnam as a hub for medical tourism for NRIs and others from the Middle East and South East Asia, the Health City with world-class facilities is expected to attract massive investment. The Visakhapatnam Institute of Medical Sciences (VIMS), a superspecialty hospital promoted by the Andhra Pradesh state government, is also part of the Health City project. It will have facilities like resorts, leisure tourism, and helipad on an area of 100 acres. Of 65 acres earmarked for allotment to private groups adjoining VIMS, the Andhra Pradesh Industrial Infrastructure Corporation has as of now allotted 10 acres to Apollo, five acres to Indian Institute of Cancer and Research, and two acres to Rockdale Hospital for Women and Children. These projects will involve an investment of Rs. 370 crore. The plots are sold at the rate of Rs. 3 crore per acre.

Like

Dislike

Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter , Instagram.