183 views 2 mins 0 comments

Hites and Kitco ink MOU for Joint Execution of Health Infrastructure Projects

In Business, Health, Important
July 18, 2017

KOCHI:
HLL Infra Tech Services Ltd (HITES), a subsidiary of HLL Lifecare Ltd (HLL), has signed an MoU with KITCO, a premier engineering, management and project consultancy firm in India, for strategic alliance to jointly undertake execution of healthcare infrastructure projects using their competencies.
Under the MOU, HITES can utilize the services of Kochi-based KITCO for engineering designs. KITCO, on its part, may utilize HITES’s capability for PMC (Project Management Consultant) services, procurement of medical equipment, BME (biomedical engineering) services and facility management.
HITES, a fully owned subsidiary of HLL, a Central PSU of the Health & Family Welfare Ministry, is mandated to provide consultancy services such as infrastructure development, facility management, procurement and allied services.
S N Sathu, Director and CEO, HITES, said the signing of the MoU would give a cutting edge to the company in executing its ambitious healthcare infrastructure projects across the country.
“KITCO is a leading company of the country in engineering and project consultancy. HITES and KITCO can now leverage each other’s competencies and brand for mutual benefits and for executing projects with greater efficiency,” he added.
KITCO, a PSU company, has expertise in planning and implementation of projects in health infrastructure also. The company has a panel of architects, doctors, health planners, procurement engineers and a network of consultants specialized in different fields of healthcare.
HITES, the Executing Agency of the Union Health and Family Welfare Ministry and several state governments, is India’s only comprehensive healthcare service provider. Apart from facility management, it has three more verticals: Infrastructure Development, Procurement & Consultancy and Biomedical Services.