India grants US$20M soft loan for Liliendaal hospital

November 22, 2011 | By | Filed Under News 



Valued at some US $20M, the government of India has approved a soft loan, which will allow Guyana to commence construction of a Tertiary health care facility.
President Bharrat Jagdeo made this disclosure yesterday when he commissioned the state of the art in-patient facility at the Georgetown Public Hospital Corporation.
The President had alluded to the facility in the past but revealed yesterday that “just two days ago we received notification from the Indian Government that they have approved the soft loan to fund the new hospital.”
The proposed facility, according to the President, will be constructed at Liliendaal, Greater, Georgetown. He said that the hospital will become part of what “we offer in the public health system but would allow Guyanese to access the best quality tertiary care that you can find anywhere in the world and at a fraction of the cost.”
According to the Head of State, the government has already made plans to enter a partnership with a management group that would deliver the proposed services.  He anticipates that the project will commence somewhere in the first quarter of next year.
“We can begin construction of that hospital and we will see a quantum leap in the care that we deliver to people here in Guyana,” Jagdeo added.

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