Garden City set to put up a high-end medical facility
By Edna Mwende
Garden City has reserved land where a possible partner will determine the design, size and bed capacity of a treatment facility set to be built targeting high-end clients within the complex and the surrounding area.
In a news report by Business Daily, the commercial-cum-residential complex is therefore seeking a hospital investor for the development of the high-end healthcare facility.
“As part of the Garden City Estate master-plan we allocated land for development of a world-class medical facility not only to serve the needs of our Garden City residents and new office community but for our wider community and customers as well,” the Garden City’s Managing Director Chris Coulson is quoted as having said in the Business Daily.
Mr. Coulson was speaking in Nairobi when he received a Health Care Feasibility report by Open Capital Advisors that is in support of the project.
The Garden City MD pointed out that the healthcare facility will serve as a primary hospital for over 800,000 people within the area. He also noted that Thika Road has 820,000 potential clients currently lacking medical services. It is projected that the treatment facility can also serve an additional 1.3 million people in the surrounding areas.
The Business Daily news report similarly reported that according to the Health Care Feasibility report, rich Kenyans are likely to choose a private facility over a public medical facility with up to 45 percent willing to travel abroad for dedicated treatment.
“There is an immediate opportunity for investment in a Tier-3 level private hospital with up to 200 beds, which could be easily upgraded to a 500-bed capacity on Thika Superhighway,” reads part of the report as reported by the Business Daily.
The report also said that there is a strong market for expansion and improved services in Kenya that can attract inbound medical tourism that currently accounts for roughly Ksh30 million every year.