Do not confuse with MP Shah Hospital

World Trade Centre Hospital

World Trade Centre Hospital (WTCH), is a planned private medical facility in Kenya. The owners of this medical facility are members of the family of Suresh Bhagwanji Raja Shah, the founder of I&M Holdings Limited, a financial services conglomerate based in Kenya, with subsidiaries in

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Mauritius Mauritius ( ; french: Maurice, link=no ; mfe, label=Mauritian Creole, Moris ), officially the Republic of Mauritius, is an island nation in the Indian Ocean about off the southeast coast of the African continent, east of Madagascar. It incl ...

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...

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Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...

and an office in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

Overview

The WTCH is a private for-profit hospital with planned capacity of 150 inpatient beds. The hospital is intended to cater to healthcare needs of the growing

middle class The middle class refers to a class of people in the middle of a social hierarchy, often defined by occupation, income, education, or social status. The term has historically been associated with modernity, capitalism and political debate. Commo ...

in the city of

Nairobi Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ha ...

, the capital of Kenya.

Location

The hospital will occupy in ''Nairobi Business Park'', on Ngong Road, adjacent to Ngong Race Course and Golf Park, in the western suburbs of Nairobi City. This is approximately west of the city's

central business district A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city ...

Developers

The developers of this hospital are organized in a joint venture company called ''MTZ Holdings Limited''. The shareholding in MTZ is as depicted in the table below. The entities listed in the table jointly own approximately 60 percent of the

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

of I&M Holdings Limited, whose shares trade on the

Nairobi Securities Exchange The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in ...

under the symbol: IMHL.

Developments

In January 2023, MTZ Holdings purchased Nairobi Business Park, measuring at an undisclosed sum estimated to be more than KSh2 billion (approx. US$16.2 million), at that time. In September 2023, the

Business Daily Africa ''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairo ...

reported that MTZ Holdings planned to build a 150-bed "multispecialty hospital" on 2.5 acres of the site. The planned hospital comprises two basement floors and six floors above ground for a total of eight floors. The construction of the hospital is budgeted at KSh3.24 billion (approx. US$22.1 million).

References

External links

*
Wealthy Kenyan banker Suresh Bhagwanji Shah acquires Nairobi Business Park
As of 4 January 2023. {{Authority control Hospitals in Kenya Companies based in Nairobi