gandaki technical university€¦ · gandaki province, especially area near pokhara, possesses...

GANDAKI TECHNICAL UNIVERSITY

SALIENT FEATURES

GENERAL

PROJECT LOCATION

PROJECT COMPONENT/TECHNOLOGY

SN FEATURES CHARACTERISTICS

1 Name of the Project

2 Sector

3 Type

1 Province

2 Project location

1 School of Medical Sciences

2 School of Engineering and Applied Sciences

3 School of Tourism and Hospitality management

Gandaki Technical University

Health and Education

Technical University

Gandaki Province

Shuklagadaki Municipality (Location Map)

School of Medical Sciences with 300-bed university hospital with aim to provide unique health care value across diagnosis, consultation, prescription and tertiary care with optimal combination of technology and professional services delivered by experienced faculty and trained graduates.

School of Engineering and Applied Sciences offering undergraduate and graduate level courses in civil, chemical and electrical engineering; computer science and IT.

Specialist academic school preparing students for rewarding career in the growing tourism and hospitality industry. Students gain practical knowledge through market-led course, internship, field studies, and interaction with industry experts.


4 School of Fashion Designing and Management

5 Technical and Vocational Training Institute

6 University Research Centre

Specialist academic school preparing students for careers in the creative sector.

Training institute providing vocational graduate certificate and diploma courses imparting knowledge (formal, non-formal and informal learning) and skills for employment specifically focused on subjects such as basic engineering, design, construction, etc.

University Research Centre enabling interaction among faculty, students, scholars and industry to enhance innovation and real-world problem solving etc. This would also include business incubation, acceleration, and innovation spaces.

In FY 2016/17, more than 67,000 Nepali students travelled abroad for higher education, signalling a significant demand for world-class education. Experiences of the private sector and skill mismatch in the labour market points to the need for more graduates with specialized and market-responsive training.

Nepal faces brain-drain, not least due to unavailability of world class education courses and infrastructure. The local market mostly offers general courses and produces generalist graduates. Moreover, these courses are not informed by research and developments in the market. The University will allow students to gain real life experience, skills and knowledge, enabling them to gain meaningful work that would contribute to meeting required industry standards and best practices.

Nepal has a potential to be developed as an education hub. Gandaki Province, especially area near Pokhara, possesses comparative advantage due to the pleasant climate, connectivity, and increasing business activities. For example, after the completion of the regional international airport and increase in the number of tourists, the University’s world-class School of Tourism and Hospitality Management would be attractive to not just Nepalis but students from Asia and beyond.

MARKET ASSESSMENT

1 Demand

2 Supply

3 Opportunity

DEVELOPMENT MODALITY

INDICATIVE FINANCIALS


1 Development modality

2 Role of the Government of Nepal

1 Total Project Cost (including Interest During Construction)

2 Interest Rate (including hedging cost)

3 Project IRR

4 Equity IRR

3 Role of the Private Sector

4 Development Period

Public Private Partnershipn Provision of government land, land acquisition, facilitation

and project securityn Facilitating legal approvals/permitsn Review & monitoring

~ USD 61 million

12%

16.82%

19.35%

n Plan, design, build, finance and operate the facilities during the Concession Period

n Collection of revenues from the project during the Concession Period

n Handover to the Government after the Concession Period

a. Pre-Construction Period: 6 months

b. Financial Closure: 6 months

c. Construction Period: 3 years

d. Concession Period: 30 years

APPLICATION PROCEDURE

PRE-QUALIFYING CRITERIA FOR THIS PROJECT

1) At least five years’ experience of developing and managing projects related to education and health services.

2) Net worth equivalent to at least USD 20 million at the time of making the application/proposal.

1. The developer/ investor who meet the above pre-qualifying criteria can make the application for this project.

2. Application may be made by a single entity or a group of entities (Consortium or JV) comprising up to three different companies/ parties, including a Lead member, coming together to implement the project.

3. A consortium/JV may fulfil the pre-qualifying criteria in a joint/cumulative manner, except for the number of years of work experience.

4. A fee of NRs 10,000 shall be payable for each application made (with application to one project counting as a single application).

5. The fee must be paid to OIBN (to the OIBN office or a dedicated desk at the Nepal Investment Summit), or by electronic transfer to the following bank account of OIBN:

Office Code: 301003502

Office Name: Office of the Investment Board

Revenue Heading: 14229

Bank Name: Everest Bank Ltd.

Swift Code: EVBLNPKA

Please use ‘Company name_Project name’ as the reference code for the payment made in the case of an online payment.

6. After payment of the fee is made, the OIBN shall assign an engagement manager and may provide additional documents or information relevant to the project (if available).

7. Applications shall be submitted in physical copies to the OIBN or emailed to [email protected].

8. The Government of Nepal (OIBN or relevant government agency at the relevant level of government) shall review the proposal and ask additional information if required.

9. The Government of Nepal has final authority to decide on your application.


1. Detailed profile of the developers/ investors, including profile of senior management team, annual report and audited financial statements for at least past three years (2015, 2016 & 2017), and consortium agreement or JV agreement or Memorandum of Understanding in the case of consortiums or JV.

2. Project concept, plan, and information on financial, economic, technical and environmental feasibility.

3. Method of project implementation, project development modality and work schedule

4. Business plan with basic financial statements

5. Financial arrangement and source of investment

6. Socio-economic contribution to Nepal

7. Expected support from GoN

8. Other relevant information, if any

DETAILED PROPOSAL CHECKLIST

CONTACT DETAILS

Office of the Investment BoardICC Complex, New Baneshwor Kathmandu, Nepal Phone: 977-1-4475277,977-1-4475278Fax: 977-1-4475281Email: [email protected]

DHULIKHEL MEDICITY PROJECT

SALIENT FEATURES

GENERAL

PROJECT LOCATION

PROJECT COMPONENT



2 Sector

3 Type

1 Province

2 Project location

1 School of Medical Sciences with Teaching Hospital

Dhulikhel MediCity Project

Health

Purpose-built medical town/area

Province 3

Dhulikhel Municipality (Location Map)

School of Medical Sciences with 300-bed hospital with aim to provide unique health care value across diagnosis, consultation, prescription and tertiary care with optimal combination of technology and professional services delivered by experienced faculty and trained graduates. The school would also have strong research component, especially in the areas of biomedical research and public health.


2 Specialised Centre of Excellence for Non- Communicable Diseases

3 Trauma Centre

4 Research and Development Centre

5 Wellness, yoga, Ayurveda and meditation centre

6 Supporting infrastructure

The medi-city would host an interdisciplinary centre of excellence that aims to address non-communicable diseases such as diabetes, cancers, cardiovascular diseases and chronic respiratory diseases through interdisciplinary, innovative and intensive research. The Diabetic Centre would provide one-stop comprehensive approach to the treatment of diabetes and other endocrine disorders. The Cancer Care Centre would use multi-speciality approach focused on cancer prevention, diagnosis, treatment and improving the lives of cancer survivors. With high-end technologies such as CyberKnife VSI Robotic Radiosurgery, VMAT, IGRT, Tomotheraphy and other high-end diagnostic and imaging equipment, patient would be treated in a holistic and the best possible way. The Centre for Cardiovascular Diseases would employ comprehensive and holistic approaches and provide services to conditions ranging from prevention and early detection to diagnosis, treatment, heart surgery and rehabilitation. The Centre for Chronic Respiratory Diseases would offer specialised full range of treatment for variety of chronic lung diseases as well as other respiratory problems

The centre would provide specialized medical services to patient suffering from traumatic injuries like accidents, gun- shot wounds, major burns, brain injuries etc.

The Centre would bring together researchers from the basic sciences, medical and health sciences, and social sciences, among others to provide leadership in medical education, discovery and healthcare.

Wellness Centre offering an integrated selection of holistic wellness and spiritually enriching programs and products

Supporting infrastructure would be built to truly convert the development into a medi-city. Retail mall and spaces would be built to provide one-stop shopping experience for healthcare and more. Infrastructure would also include restaurants, coffee shops, bank, and so on. To cater to the accommodation needs, guest houses, apartments (including serviced), and hotels would be built. Guest houses would cater to those patients who visit for a short period and seek cheap accommodation option. Apartments with cooking and laundry facilities would be less expensive than hotels and cater to those staying for a long period. Hotel would be targeted to those medical tourists who seek high-end facilities and hospitality services.


MARKET ASSESSMENT

1 Demand

2 Supply

3 Opportunity

Nearly 55% of Nepal’s healthcare expenditures are direct outlays by households, as compared to the global average of only 18%. One of the reasons for high rate of “out of the pocket” expenditures can be attributed to rising disposable incomes (due to remittances) and the consuming population’s increased awareness about health and well-being. In addition, with increased disposable income, there has also been a rise of Nepali going abroad for the purpose of receiving health services. Globally, long patient waiting list, increasing healthcare cost, limitation on available treatment, complimented with comfort of travel has meant that health care consumers’ demand for high quality health services at affordable price has increased.

With only 0.36 doctors, 1.17 nurses and 0.9 hospitals bed per 1,000 people, the demand supply gap can only be reduced with the addition of more heath care facilities. here are significant opportunities for international healthcare providers to meet Nepal’s domestic demand. Other possibility lies in the way of joint ventures between national and international hospitals offering advanced technologies and heath care facilities.

The global medical tourism market was valued at approximately USD 15.5 billion in 2017 and is expected to generate revenue of around USD 28.0 billion by the end of 2024, growing at a CAGR (compound annual growth rate) of around 8.8% between 2018 and 2024. Nepal has an immense potential to be developed as a global hub for specialised medical tourism services, with areas such ophthalmology already receiving tremendous success. With consideration that Dhulikhel is close to Kathmandu and already has a well-developed and successful medical ecosystem, it could be developed into an area of global medical excellence. This would also be supported by the availability of experienced and qualified Nepali medical professionals with excellent world-class training. Planned development of certain area in Dhulikhel into a medi-city would be particularly rewarding.


~ USD 74 Million

12.00%

16.05%

18.28%




3 Project IRR

4 Equity IRR











a. Pre-Construction Period: 6 months

b. Financial Closure: 6 months





1) At least five years’ experience of developing and managing projects related to education and health services.



























CONTACT DETAILS


GAUTAM BUDDHA INTERNATIONAL MATERNITY HOSPITAL PROJECT

SALIENT FEATURES

GENERAL


PROJECT LOCATION



2 Sector

3 Type

1 Medical speciality centre

1 Province

2 Project Location

Gautam Buddha International Maternity Hospital Project

Health

Medical Tourism

A 200-bed state of the art health care facility that offers affordable, holistic and patient-centric healthcare promoting medical tourism specifically through maternity and related services by capturing the essence of giving birth at the pious birth place of Gautam Buddha.

Various Speciality Centres would include: Obstetrics and Gynaecology, Paediatric, IVF (Invitro Fertilisation), Cardiology, Neurology, Pulmonology, Orthopaedics, Urology, Pathology, Renal Sciences, Physiotherapy, Nutrition and dietetics, and Emergency and trauma centre.

Province 5

Lumbini Sanskritik Municipality, Rupandehi (Location Map)


Speciality Centre that focuses on a broad spectrum of specialized antenatal and neonatal care services such as: Pre-conception counselling, Pre-natal classes, High risk pregnancy care, NICU/PICU care, Maternity health program, Nutrition Programs, and Contraceptive counselling.

Wellness Centre offering an integrated selection of holistic wellness and spiritually enriching pre-natal and post-natal development program for the mother and child. This would include: Prenatal Yoga, Meditation program (specialized for pre and post pregnancy), Pre and post fitness program, Customized fitness training, Nutrition program, Holistic body therapy, and Physiotherapy.

Supporting services would include state-of-the-art laboratory, diagnostic services that would provide comprehensive diagnostic support, finest technology and equipment, and blood bank service. It would also offer emergency medical services (such as ambulance, air ambulance and paramedic services) for the urgent medical responses.

Provision of guest houses and apartments for the family/relatives of the mother who intend to stay for a longer period of time to accompany the mother during the delivery process.

2 Antenatal and neonatal care service unit

3 Mayadevi wellness and meditation centre

4 Supporting medical infrastructure and services

5 Guest house/apartment

Nearly 55% of Nepal’s healthcare expenditures are direct outlays by households, as compared to the global average of only 18%. One of the reasons for the high rate of “out of the pocket” expenditures can be attributed to rising disposable incomes (due to remittances) and the consuming population’s increased awareness about health and well-being. In addition, with increased disposable income, there has also been a rise of Nepali going abroad for the purpose of receiving health services. Globally, long patient waiting list, increasing healthcare cost, limitation on available treatment, complimented with comfort of travel has meant that health care consumers’ demand for high quality health services at affordable price has increased.

MARKET ASSESSMENT

1 Demand


2 Supply

3 Opportunity

With only 0.36 doctors, 1.17 nurses and 0.9 hospitals bed per 1,000 people, the demand supply gap can only be reduced with the addition of more heath care facilities. There are significant opportunities for international healthcare providers to meet Nepal’s domestic demand. Other possibility lies in the way of joint ventures between national and international hospitals offering advanced technologies and heath care facilities.

The global medical tourism market was valued at approximately USD 15.5 billion in 2017 and is expected to generate revenue of around USD 28.0 billion by the end of 2024, growing at a CAGR (compound annual growth rate) of around 8.8% between 2018 and 2024.

Nepal has an immense potential to be developed as a global hub for specialised medical tourism services, with areas such ophthalmology already receiving tremendous success. In this regard and with consideration that the Gautam Buddha Regional International Airport in Bhairahawa is being completed soon, Lumbini could be developed as a hub for medical tourism. In particular, the emotional and spiritual sentiment of giving birth at the pious birth place of Gautam Buddha would attract tourists to Lumbini for medical tourism, especially for maternity and allied services. Of particular interest could be services focused on holistic medical, spiritual and mental development during pre and post natal phase for mother and child.










a. Pre- Construction Period: 1 year

b. Financial Closure: 1 year





~ USD 39 million

12.00%

14.67%

16.29%




3 Project IRR

4 Equity IRR



1) At least five years’ experience of developing and managing projects related to health services in Public Private Partnership (PPP) models.



























CONTACT DETAILS


EDUCATION, SPORTS AND HEALTH CITY PROJECT

SALIENT FEATURES

GENERAL




2 Sector

3 Type

1 Education

2 Health

Education, Sports and Health City Project

Health, Sports and Education

Purpose-built city/ town with education, sports and health components

A University would be the central component of the education component. The University would host liberal arts undergraduate college as well as specialist graduate, professional, sports and technical schools.

This would include University hospital with 300-bed university hospital with aim to provide unique health care value across diagnosis, consultation, prescription and tertiary care with optimal combination of technology and professional services delivered by experienced faculty and trained graduates. It would also have ultra-modern blood bank and diagnostic centre.

PROJECT LOCATION

1 Province

2 Project Location

Province 2

Golbazar Municipality, Siraha (Location Map)


The City would host a multi-purpose stadium and have specialist sports academies. Wellness Centre offering an integrated selection of holistic wellness and spiritually enriching programs and products would also be present.

University Research Centre enabling interaction among faculty, students, scholars and industry to enhance innovation and real-world problem solving etc. This would also include business incubation, acceleration, and innovation spaces. Other research institutes and think-tanks.

To cater to the accommodation needs, student accommodation would be built. To cater to the needs of others, guest houses, apartments (including serviced), and hotels would be built. Guest houses would cater to those who visit for a short period and seek cheap accommodation option. Apartments with cooking and laundry facilities would be less expensive than hotels and cater to those staying for a long period. Hotel would be targeted to those who seek high-end facilities and hospitality services. Moreover, certain parts of the City would build planned residential housing.

Supporting infrastructure would be built to truly convert the development into a city. Retail mall and spaces would be built to provide one-stop shopping experience. Infrastructure would also include restaurants, coffee shops, banks, and so on.

With the proliferation of the knowledge economy, innovation is being driven by cities and towns that are rich in talent, ideas, open culture and entrepreneurship. Educated young population is fundamental to these cities. This population is creative and productive and such cities and towns benefit from spillover effects. Evidence suggests that the success of many cities and towns has rested on the proportion of such highly educated specialised skilled labour force. As governments all around the globe search for new ways to drive innovation by harnessing the knowledge economy, there is a demand for integrated Education, Sports and Health City. Such demand also exists in countries like Nepal.

Globally, integrated cities, most notably University City has risen as the latest urban typology. Such cities and towns have been popular in countries like the USA (Lexington and Ann Arbor), and the UK (Oxford and Cambridge) for a very long time. They have also emerged in countries like China

3 Sports and Wellness

4 Research and Development

6 Residence Facilities

7 Commercial Centre and supporting infrastructure

1 Demand

2 Supply

MARKET ASSESSMENT


(Wudaokou), India (Manipal), Even in countries like Nepal, there have been examples of successful college towns, such as Dhulikhel. However, a thriving Education, Sports and Health City is yet to be established.

There is an opportunity for profitable and impactful investment in establishing infrastructure for an Education, Sports and Health City that can be home to innovation and research. Such city can contribute to global cultural and intellectual exchange and help to forge relationships between businesses and institutions in public and private sectors.

3 Opportunity






The Office of the Investment Board (OIBN) is commissioning a study to evaluate the feasibility of setting up an Education, Sports and Health City. It is currently evaluating the Request for Proposals (RFPs) received from short-listed companies which had submitted Expression of Interests (EOI) letters

to conduct feasibility studies for the development and operation of the Education, Sports and Health City. The companies include: Joint Venture of Civil Informatics and Solutions Pvt. Ltd., and Nepal Consult Pvt. Ltd., ERMC Pvt. Ltd, Ernst & Young LLP, and Grant Thornton India LLP.


and project securityn Facilitating legal approvals/permitsn Review & monitoringn Plan, design, build, finance and operate the facilities during

the Concession Periodn Collection of revenues from the project during the

Concession Periodn Handover to the Government after the Concession Period

a. Pre- Construction Period: 1 year

b. Financial Closure: 1 year




1 Total Project Cost (including Interest During Construction & land acquisition)

~ USD 100 million

PROJECT STATUS



1) At least five years’ experience of developing and managing projects related to education and health services/infrastructures.



























CONTACT DETAILS


gandaki technical university€¦ · gandaki province, especially area near pokhara, possesses...

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