ReutersAstana, Kazakhstan
Eyeing to deepen Indo-Kazakh ties in healthcare and education, India’s Mont Vert Group has inked a $500 million (approx. ₹4,300 crore) agreement with Kazakhstan’s Big B Corporation to construct a world-class medical university and a 1,000-bed multi-specialty hospital in Kazakhstan.The ambitious project will span 243 hectares in Kazakhstan’s capital, Astana, and 100 hectares in Almaty. It envisions a comprehensive health and education ecosystem including a university capable of accommodating 10,000 students, a high-tech hospital, and a five-star hospitality facility.Mont Vert Group, a seasoned Pune-based real estate developer, will spearhead construction. Land for the proposed infrastructure was allocated by the Kazakh government in October 2024, reflecting its commitment to welcoming foreign investment in the healthcare and higher education sectors. The completed facility is expected to become a major medical and educational hub for Kazakhstan and its neighboring Central Asian countries.This development comes against the backdrop of growing medical linkages between India and Kazakhstan. In recent years, India has emerged as a top destination for medical tourists from Kazakhstan, offering advanced and affordable treatments in areas such as cardiology, orthopedics, oncology, and organ transplantation.The new medical university and hospital project aims not only to serve local populations but also to reduce dependency on outbound medical travel by providing international-quality care within the region. It also opens avenues for academic exchange and professional training, strengthening people-to-people ties between the two countries.Live EventsAs global focus intensifies on healthcare diplomacy and cross-border collaboration, the initiative stands as a testament to India’s rising role in shaping the health and education architecture in Central Asia.(You can now subscribe to our Economic Times WhatsApp channel)
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