The Medical Education and Drugs Department (MEDD) and International Finance Corporation (IFC) have joined forces to prioritise healthcare projects with an emphasis on medical education under the public-private partnership (PPP) model in Maharashtra.
 
Marking the collaboration, and deliberating on the roadmap, MEDD and IFC recently organised an investor conference themed around strengthening medical education and tertiary healthcare in Mumbai.  Subhash Desai, Minister, Industries, Mines and Marathi Language Department and Amit Vilasrao Deshmukh Minister, Medical Education and Cultural Affairs Department, inaugurated the event, where they emphasised the Government of Maharashtra’s strategic focus on health care projects, including the recently notified health PPP policy.
 
Given the government's priority to expand healthcare services to ensure equitable access in its Vision 2021-2030 Strategy, PPP projects can help the state leverage the expertise and efficiency of the private sector, raise capital, and spur development in the health and medical education sector.
 
IFC will be the transaction advisor for the PPPs to develop super-speciality hospitals and medical education facilities across the state. IFC’s support will help drive private sector-led growth, strengthening the state’s health infrastructure and increasing the number of specialist healthcare personnel in the state.