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Apollo Hospitals to manage Male facility
 
23-January-2010
Source: Business Line Edition

Mr. Mohamed Nasheed, President of Maldives, with Ms Preetha Reddy (right), Managing Director, Apollo Hospitals, and Dr. Aminath Jameel, Minister for Health and Family, Republic of Maldives, in Chennai on Saturday.

Apollo Hospitals is to manage the Indira Gandhi Memorial Hospital at Male, the Maldives. This follows an agreement signed between the Maldives Government and Apollo Hospitals today providing for Apollo Hospitals to manage the hospital in association with the Maldives Government for a management fee.

The President of Maldives, Mr. Mohamed Nasheed, said an investment of $25 million will be needed to upgrade the 280-bed hospital to handle various specialties.The investments, addition of new facilities and human resource development will involve a mix of investors, multi-lateral organizations and government bodies.

Ms Preetha Reddy, Managing Director, Apollo Hospitals, said IGMH's infrastructure would be assessed in the next three months and then specialty units such as cardiac, orthopaedic and trauma care would be set up over the next 18 months. Apollo Hospitals would manage the hospital for 15 years.

 
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