Mauritius-based African developer Gateway Real Estate Africa (GREA) has said it will develop new hospitals targeted at both locals and medical tourists.
GREA is the lead investor and developer of a new 81-bed, multi-specialty hospital in Curepipe and a 135-bed oncology hospital in Coromandel with a total investment value of approximately US$54 million.
The developments are to be co-promoted by London and Mauritius listed Grit Real Estate Income Group.
The development of the St Helene Artemis Hospital in Curepipe broke ground in June and will provide numerous healthcare services once completed.
GREA sees this investment as one that will enable Mauritius to slowly diversify away from traditional tourism.
Mauritius already promotes health and wellness tourism to wealthy foreign travellers, so has the potential to attract high paying medical travellers.
The hospital will seek to offer specialised, world-class medical treatments, to serve the people of Mauritius and develop medical tourism to the country. Falcon Healthcare Group will operate St Helene Artemis.