Sector Watch

Project Medville launched by Frontier Lifeline

Dr KM Cherian Heart Foundation, Frontier Lifeline Hospital signed an MoU with Tamil Nadu Industrial Development Corporation Ltd (TIDCO) in Chennai for the launch of its Project Frontier Medville, a medical sciences park to be established on a 360 acres campus in Elavur village, near Chennai. The medical village is slated to come up on the picturesque site located on NH 5 close to the Pulikat Lake. With the permission provided by the Ministry of Railways to adopt the Elavur village under the public-private partnership, Frontier Lifeline intends to provide direct and indirect employment to nearly 3,000 people from nearby villages by constructing Medville. The estimated cost for the entire project comes to nearly Rs 450 crore for three phases, of which nearly Rs 100 crore shall be invested in Phase I slated to begin by January 2008 and be completed by 2008-2009 financial year end.

The Frontier medical village shall house a 1,000-bed bio-hospital (that incorporates allopathic medicine with other regenerative medicines), a medical university, vendor's section, a yoga and meditation centre apart from the 5-star accommodation and the 18-hole golf course. The medical village shall also host the first herbarium in India that shall grow herbs found in abroad and also from within India that has therapeutic value. "With Frontier Lifeline, India also becomes the fifth country to join the Bioresources Consortium along with Japan, South Korea, China and Singapore," saidManaging Director Dr KM Cherian. Australia that shall train nurses and paramedical personnel. Said Dr Cherian, "By 2010, there shall be 18 bio-hospitals across the world, five in the US, five in Europe, the other eight in Japan, South Korea and other countries. The one built by Frontier Lifeline shall be the first and only one in India and South Asia."

Sandeep Moudgal