An Indian healthcare group, Padiyath Healthcare, has announced plans to invest $100 million in Nigeria’s healthcare sector, strengthening the ties between India and Nigeria.
The investment was revealed by Padiyath Healthcare’s chairman, Dr. Hazeeb Rahman Padiyath, during a visit by Indian Prime Minister Narendra Modi to Abuja.
Dr. Padiyath explained that the funds would help provide Nigerians with access to world-class healthcare at more affordable rates.
The company is preparing to open a state-of-the-art hospital in Abuja as part of its long-term investment in Nigeria.
The first facility, Padiyath Mayfields Hospitals, is a 300-bed tertiary care hospital being built in Suncity Estates, Galadimawa, Abuja.
Once completed, it will be Nigeria’s largest private hospital.
This hospital will feature advanced medical technology, including a 3T MRI and the first-ever 256-slice CT scan machine in West Africa, along with a cardiac catheterization lab, 24 specialized medical centres, a 25-bed intensive care unit, and emergency operation theatres.
The hospital is expected to be operational by February 2025.
Additionally, Padiyath Healthcare plans to establish a second hospital in Abuja, the Padiyath Cancare Hospitals, a 200-bed cancer treatment centre equipped with cutting-edge facilities such as a PET scan, linear accelerator, and gamma knife.
Padiyath Healthcare, an international healthcare provider, already operates in India, the Middle East, and Africa, with its African expansion led by Dr. Padiyath.
The group’s mission is to offer high-quality, affordable healthcare across Africa, adhering to its guiding principles of “Technology, Technique, and Touch.”