Abu Dhabi firm inks MoU with govt.

May 03, 2016 12:00 am | Updated 07:16 am IST - VIJAYAWADA

Officials of the State government and BRS Ventures signing the MoU in the presence of Chief Minister N. Chandrababu Naidu in Vijayawada on Monday. Photo: By Arrangement

Officials of the State government and BRS Ventures signing the MoU in the presence of Chief Minister N. Chandrababu Naidu in Vijayawada on Monday. Photo: By Arrangement

: The government of Andhra Pradesh and Abu Dhabi–based BRS Ventures Ltd. entered into a partnership for establishment of a 1500–bed hospital in Amaravati at an estimated cost of Rs.12,000 crore and a 300 – bed hospital at Kurnool, both by the year 2018.

Medical analytics centre

A.P Economic Development Board CEO J. Krishna Kishore BRS Ventures Limited Chairman B.R. Shetty signed a Memorandum of Understanding (MoU) in the presence of Chief Minister N. Chandrababu Naidu here on Monday according to an official release from the government. The MoU is also for establishment of Asia’s first medical analytics centre and a medical knowledge process outsourcing centre at Amaravati, a medical university, a drug manufacturing unit in A.P, construction of a five-star hotel and a convention centre and 1700–bed hospitals in different parts of the state in the second and third phases.

On the occasion, Mr. Chandrababu Naidu requested Mr. Shetty to give shape to his vision at the earliest to expedite development of the State and promised to provide land as per norms.

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