JBIC signed a shareholders agreement with SECOM CO., LTD., Secom Medical System Co., Ltd., Toyota Tsusho Corporation, and two Indian companies, VSK Holdings Private Limited and TAKSHASILA HOSPITALS OPERATING PRIVATE LIMITED (THO), as well as other parties for JBIC's acquisition of preferred stocks of THO. This equity investment supports the operation of a private general hospital, the SAKRA World Hospital*1, which is run through THO, making it the first general hospital project undertaken by Japanese companies in India. JBIC will provide risk money in the local currency by utilizing its equity participation function. This equity investment will support global deployment of Japanese-style medical technology and services based on a government of Japan policy. This project is also expected to help improve the quality of the local medical service with more comprehensive medical facilities.
- *1 SAKRA World Hospital was opened in March 2014 as a general hospital in Bangalore. In addition to having six core centers, including the cranial neurology center and cardiology center, the hospital offers services in 17 specialties: internal medicine, otorhinolaryngology, radiology, rheumatology, anesthesiology, endocrinology/diabetes, ophthalmology, psychiatry, dermatology, respiratory medicine, and emergency care.