Dubai-headquartered DM Healthcare has announced an investment of over Rs 2,150 crore in various projects it has proposed in the state. Most of these are expected to be operational in the five years.
Addressing a press conference here on Tuesday, Azad Moopen, chairman, DM Healthcare, said the first phase of Aster Medcity in Kochi , being developed at an outlay of Rs 500 crore, was on track for commissioning during the second half of 2013. The project includes a 540-bed hospital with nine centres of excellence in various super-specialties like cardiology, ortho and oncology.
The Medcity campus will also have a 500-seat medical convention centre, a 4-5 star hotel and serviced apartment complex and staff accommodation besides a high-end residential facility with integrated township.
Among others, the company will invest Rs 300 crore in the Malabar Institute of Medical Sciences over the next three years for developing a 150-bed women and children block in Kozhikode and an additional 150 beds at Kottakkal.
