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Sh643m cancer centre set to be built at MP Shah
Consolata Hospital Nyeri CEO Mureithi Kiriani (left) and MP Shah Hospital chairman Manoj Shah sign documents during the launch of a partnership for a cancer care centre with HCG in Nairobi yesterday. Looking on is HCG chairman and CEO Shivarudrappa Ajaikumar. PHOTO | SALATON NJAU | NMG
Bangalore-based HealthCare Global Enterprises Ltd (HCG), one of India’s largest cancer treatment hospital chains, has partnered with Cancer Care Kenya Ltd (CCK) and MP Shah Hospital to invest $6.25 million (Sh643 million) in a cancer centre in Nairobi.
Through HCG Kenya, the Indian firm will have a 77.6 per cent stake in the facility while MP Shah Hospital will have 10 per cent with other partners controlling 12.4 per cent.