Posted: Mon Feb 04, 2008 1:42 pm Post subject: Rivers, Canadian Firm to Build N1.2tr Specialist Hospital
Rivers, Canadian Firm to Build N1.2tr Specialist Hospital
This Day
Ahamefula Ogbu
29th Jan. 2008
Rivers State government has entered into a joint venture with a Canadian firm, Clinotech Diagnostics and Pharmaceuticals Incorporated, to build a $100 million (about N1.2 trillion) Mega Specialist hospital that will ensure that Nigerians would no longer go abroad for specialist treatments.
The hospital, slated to have between 1,000 and 1,500 bed space, will be a private-public sector partnership, which will see the foreign partners charging fees for their services from which 40 percent of the profit will go to the state. As part of the agreement, Clinotech is expected to build a turbine to provide electricity to the project, a hotel where people from outside the state would lodge while waiting for treatment and a conference centere where experts will converge to share ideas.
State Governor Chibuike Amaechi, who has signed the Memorandum of Understanding (MOU), where the state is to own 40 percent of the investments, said he hopes to save the N100 million that the state spends monthly intreating people abroad. The money spent on treating people abroad cover cost of travels, accommodation, relation that travels with the person to be treated and the actual cost of treatment.
In the agreement, state government is to provide land and Certificate of Occupancy that it reserves the right to revoke, should its partner default in the terms of the agreement. Clinotech is a Canadian firm owned by a Nigerian whose parents are from Rivers and Bayelsa states, but has lived in Canada for over 30 years. The investment is like a repatriation of his efforts to the country.While signing the agreement where Amaechi and the Commissioner for Health, Mr Sampson Parker, signed on behalf of the state government, it was agreed that the hospital will make capacity building part of its contributions to the venture.
_________________ May we be strengthened with the ability, willingness and capabilities to be good ambassadors of Nigeria contributing to its uplifting, rather than its detriment. - Cxsm
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