As the state of Punjab moves upward on the growth trajectory, there is no doubt about the fact that the Medicity sector in the state is on sound footing, owing to the long – term objectives of the Shiromani Akali Dal – BJP government.
The finance minister of the state, Parminder Singh Dhindsa road mapped a project of Rs. 21,174 crore for the 2015 – 2016 fiscal year, which certainly was a Medicity friendly budget. The state skill development mission shall set up Multi Skill Development Centers at Ludhiana, Amritsar, Bathinda, Hoshiarpur, Jalandhar and Ropar in order to cope up with the short-term skill development needs of the State. The Mission also comprised of setting up three Skill Development Centers in the Health Sector at Medical Colleges in Amritsar, Patiala and Faridkot.
Under the assistance of the All India Institute of Medical Sciences (AIIMS), the state government proposed the setting up of Medicity near Mullanpur in Mohali, which shall be the house to many of the renowned known names in healthcare sector.
Medicity Project: Hub of Medical Facilities
The Medicity project in New Chandigarh (Mullanpur) was launched in the year 2011, with a motive of providing housing facilities for the doctors and other hospital staff. It is an initiative by the state government to create a hub for medical facilities in which about 104 acres of land has been reserved for multispecialty hospitals and medical research institutes. The Indo UK Healthcare Private Limited recommended a land allotment of 28.10 acres, which is certainly a joint venture of Kings College Hospital in order to set up 500-bed hospital with an investment of more than Rs. 1,000 crore.
A 350 bed Apollo hospital is seen to be operating in Ludhiana, and 150 and 225 bed facilities in Fortis Amritsar and Mohali respectively. The Greater Mohali Area Development Authority (GMADA), initiated the allotment of land to a plenty number of health institutes at the upcoming Medicity in Mullanpur, early this March. The 4th Invest north, a conclave to leverage investment and business opportunities organized a compendium of Projects for investments in Punjab. With the visionary far sight of the healthcare sector, 260 acres of land was approved, out of which 80 acres is already allotted for set up of the Tata Cancer & research hospital and Homi Bhabha Cancer Hospital & research center in New Chandigarh.
The PGIMER satellite center, in Mullanpur is projected to provide Out – patient department (OPD) screening facility that shall refer to only the tertiary care patients (those in need of hospital and advanced investigation) to the PGI.
Needless to say, despite the increase in cost of capital in the healthcare sector and other hindrances, the concentrated efforts of the state government shall contribute towards the growth trend to merrily continue its journey to reach the zenith of the health care sector, and Medicity in the near future. With such visionary far sight, Medicity shall definitely be the hub of bio-technology and healthcare solutions.