Nigeria-India investment relations got a boost on Sunday when Indian Origin Healthcare Group Padiyath Healthcare revealed that it has earmarked $100 million for investment in Nigeria’s healthcare sector.
This disclosure was made by Padiyath Healthcare chairman, Dr. Hazeeb Rahman Padiyath, during an address by visiting Indian Prime Minister Narendra Modi in Abuja.
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According to Padiyath, the investments, when completed, will enable Nigerians to access world-class hospitals at affordable costs.
He disclosed that the company is already set to commission a world-class hospital in Abuja as part of the long-term investment drive of the Indian company in the country.
According to him, the first one is the “Padiyath Mayfields Hospitals,” a 300-bed tertiary care hospital being constructed in Suncity Estates, Galadimawa, Abuja. He added, “When commissioned, it will be Nigeria’s largest private sector hospital.”
He told the visiting India PM that the “hospital brings advanced diagnostic equipment like 3T MRI. 256 Slice CT Scan Machine, which will be the first of its kind in Western Africa, along with a cardiac cath lab, 24 speciality centres of excellence, a 25-bedded Intensive care unit, and an operation theatre in the Emergency Department itself in addition to the Operation Theater complex on the 3rd floor, which can be lifesaving in times of emergency.”
He said the project will be ready for unveiling by February 2025.
The India investor disclosed that the second Hospital, Padiyath Cancare Hospitals, which will also be domiciled in Abuja, will be a 200-bed world-class cancer institute.
“This centre will be a full-fledged cancer hospital with equipment like Pet Scan, Linear accelerator & Gamma knife,” Dr. Padiyath said.
The company boss said the group, Padiyath Healthcare, is a true Indian multinational healthcare provider with operations in India, the Middle East, and Africa.
Dr. Padiyath spearheads the African expansions. It is part of his vision to provide quality, affordable healthcare across Africa, maintaining the principles of Padiyath Healthcare, which says, “Technology-Technique-Touch.”