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Israeli company to invest US $1B in hospitals, real estate in India

Elbit Medical Imaging, owned by Mordechay Zisser, is sinking over $1 billion in investments in India reports www.haaretz.com of Israel. Last week, Zisser and Elbit Medical Imaging vice chairman Abraham Goren were in India to close deals.

Elbit's largest project in India involves establishing a chain of hospitals in partnership with a local company, Ambuja Realty Promoted by Ambuja Cements.

Elbit's Indian ventures include chains of hospitals, hotels and malls as well as office and residential complexes.

Elbit and Ambuja plan to establish a joint company of equal ownership that will construct at least 18 hospitals in major cities across India as well as a medical college and nursing school. The joint company will also operate the hospitals. The Indian-Israeli network will allow for telemedicine - long-distance consultation - and exchanges of doctors for training and operations. In addition, medical staffs from India will attend training seminars in Israel.

For details, click http://www.haaretz.com

 

 

 
 

 
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