Maple Leaf Cement Factory to invest in the hospital business.

Maple Leaf Cement Factory Limited informed the Pakistan Stock Exchange (PSX) about its investment in the hospital business today. The bourse filing said that Novacare Hospitals (Private) Limited, a wholly-owned subsidiary of the Company, will start constructing a state-of-the-art hospital in Islamabad and has signed an international affiliation agreement with Imperial College Healthcare NHS Trust, a leading UK teaching hospital group. The total investment in the project will be USD 110 million, and the hospital will be located on a 50-kanal plot in DHA Phase-V, Islamabad.

The 250-bed hospital will have a covered area of 550,000 square feet and provide comprehensive tertiary healthcare across 28 clinical services. HKS Inc., a leading global design firm, is designing the hospital.

Sharing is caring

Leave a Reply