Indian firm targets US$5m medical equipment supply
Indian health care giant, IHD Marketplace, is set to open channels for pharmaceuticals and medical equipment supplies worth US$5 million in Zimbabwean in the next 100 days.
An IHD Marketplace delegation, led by Dr Parveen Singh and Chitwan Malhotra, is in the country and has met President Mnangagwa and other relevant stakeholders.
IHD Marketplace seeks to establish a Victoria Falls Hospital Project that is aimed at fostering and promoting reverse medical tourism in Zimbabwe, with the country becoming a Sadc region hub endowed with state-of-the-art multispecialty medical facilities.
The company envisages a public-private or a joint venture model, based on the existing public hospital in Victoria Falls or the construction of a new hospital and wellness centre.
In the first phase of investment, IHD Marketplace in collaboration with existing Government hospitals, the Company plans to open five diagnostics and radiology centres in Harare, Gweru, Bulawayo, Victoria falls and Mutare.
In an interview last Friday, IHD Marketplace executive director Chitwan Malhotra said Zimbabwe offered thriving medical investment opportunities saying the proactive efforts by Government are motivating.
“In the age of global competitiveness resources, these are opportunities that we cannot afford to miss in Zimbabwe. The proactive efforts by the Government has motivated us and this visit, we are prepared to invest and partner with Zimbabwe with interest in health sector,” she said.
Malhotra hailed the Second Republic’s polices and the ‘Zimbabwe is Open for Business’ policy saying it was playing a big role in boosting investor confidence.
“In a short period of time, President Mnangagwa has managed to boost investor confidence. We applaud the good governance laws and reforms that are underway.
“We congratulate the launch of the Zimbabwe Investment and Development Authorities (ZIDA) and the one stop investment services centre inside it which has been given the mandate of handling all issues relating to the investments, be it on foreign or local and to create an environment conducive for investors,” she said.
She said it was encouraging that Zimbabwe boasted of a thriving teaching hospital network and primary healthcare centres.
“Zimbabwe’s success in tackling HIV and AIDS is case in point and even though among the global health threats, notably HIV and AIDS, Zimbabwe was hit harder than any other country in the region but it has managed to reduce the prevalence of the disease considerably and is indeed on track in achieving its vision of reducing infections by 2030,” she said.-chronicle.cl.zw
