New Delhi: Fortis Healthcare plans to set up a Sports Science Institute and build at least 10 more hospitals ahead of 2010 Commonwealth Games.
“The Sports Science Institute would train and treat injured athletes and would be the first of its kind in the country,” a source close to the development said.
The company plans to bring in doctors from abroad for the proposed institute. Fortis is on the look out for a place to build the institute.
“The company had selected a few places for the institute, but because of the Municipal Corporation of Delhi’s drive, it has lost six months and those places have been declared illegal,” the source said.
The company is prepared to invest Rs50 crore but this could go up to Rs70 crore because of skyrocketing real estate prices in the national capital.
With less than three years left for the Commonwealth Games and Fortis’ experience shows that it takes at least six years to set up a fully operational greenfield project.
So the company proposes to takeover an existing building and transform it into an institute.