Interloop Holdings – Shifa International Hospital to jointly build ambulatory daycare facility in Islamabad
18 December, 2019
Interloop Holdings (Pvt.) Ltd has entered into a joint venture with Shifa International Hospitals Limited (SIH) for establishing Shifa Medical Centre; an Ambulatory Day Care facility in F-11 Markaz, Islamabad having new and modern, diagnostic & outpatient services. The formal signing ceremony in this regard was held at the Shifa Hospital in Dec 2019. The total cost of the project is Rs3.5 billion which includes Rs 2.5 billion as equity investment while Rs 1 Billion will be financed through debt financing. Musadaq Zulqarnain, Chairman & CEO of Interloop Holdings (Pvt.) Ltd expressed his joy that the joint venture will enable both the organizations to achieve their corporate mission of bringing in a positive change for the stakeholders and community by pursuing an ethical and sustainable business model. Dr. M.H. Qazi, CEO SIH termed this partnership as a natural alliance to contribute towards the social and economic development of the country. This facility will be able to provide quality healthcare to larger patient populations of Islamabad, Rawalpindi, and surrounding areas of KPK, Northern Punjab, &AJK.