The Bhubaneswar Municipal Corporation (BMC) has selected Asian Institute of Medical Sciences (Asian) as the preferred bidder for the Healthcare Network PPP project to be developed in Bhubaneswar, the capital of the state of Odisha (India).
At present the BMC manages the 108-beded MCH near Lingaraj temple in the Old Town area. The new Healthcare Network project involves:
The project will be developed on a design, build, finance, operate and transfer (DBFOT) basis. The request for proposals was issued on 28 September 2013. BMC appointed the International Finance Corporation (IFC) for assistance in structuring the PPP project.
The total investment is estimated at Rs2 billion (US$33.33 million). Financial closure is expected to be achieved in a month.
Srimanta Mishra, PPP and joint venture officer of the Bhubaneswar Municipal Corporation, stated:
Our adviser in setting up of the project, the International Finance Corporation (IFC), has selected Asian, which will establish the hospital and upgrade the dispensaries to house 700 beds. As many as 188 beds will be free for the people from below poverty line families.
Bhubaneswar City has a population of approximately 880,000. The modern city was designed by the German architect Otto Königsberger in 1946. Along with Jamshedpur and Chandigarh, it was one of modern India's first planned cities.