Indian company discusses $30 million hospital in Kazakhstan

India and Kazakhstan are exploring opportunities for cooperation in healthcare, machine building and investments. Potential projects were discussed in New Delhi during the visit of a delegation from Kazakhstan’s MFA, as reported by the agency’s press service.

Among the initiatives, Lilavati Hospital & Research Centre expressed its intent to establish a multi-specialty hospital in Kazakhstan worth $30 million and accommodating 100 beds, whereas Kazakhstan expressed its readiness to ensure a favorable business environment, including state aid, provision of land, tax incentives and investor visas.

Meanwhile, Ashok Leyland, claimed to be the country’s second-largest commercial vehicle manufacturer, stated its willingness to roll out an assembly factory for buses and trucks in Kazakhstan. It aims to export to Central Asian nations and the CIS.

Tapas Mondal, the international director of Reliance Industries Limited, considered the possibility of taking part in the development of Alatau. The city of Alatau is Kazakhstan’s ambitious project — the largest special economic zone in Central Asia — aiming to emerge as a specially regulated international trade and cooperation hub.

Among other recent healthcare projects implemented in Kazakhstan is a 200-bed hospital built by Andrey Shin in partnership with his South Korean partners near Almaty. Shin is a well-known Kazakhstani entrepreneur, who made his fortune in the ice-cream industry.

Machine-building localization is also progressing in Kazakhstan, with John Deere developing its agricultural machinery production in Kostanay.