The 500-bedded medical college, which would be set up at the sprawling campus of the present R P Chest T B Hospital in the heart of the city, would have a student intake of 100 initially with 40 per cent reserved seats for students from Meghalaya.
"The partnership will provide trained medical staff and quality health services in Meghalaya and North-East while creating employment opportunities as well as address the issue of shortage of medical professionals," Chief Minister Mukul Sangma said.
The chief minister said the project is one of the first well-structured and competitive bid for PPP medical colleges and has great potential for replication across India.
Health Commissioner and Secretary D P Wahlang signed the agreement with K P Chaudhury, the president of the KPC group.
The state government had engaged the International Finance Corporation, a member of the World Bank Group, as development partners in structuring and implementing the public-private partnership transactions through a competitive tender bidding process.
At present Meghalaya does not have a medical college of its own except for the North Eastern Indira Gandhi Regional Institute of Health and Medical Sciences (NEIGRIHMS).
The government intends to come up with another medical college in the Garo Hills region under the PPP-mode to improve the health care system in the state.
