Services
All services will be provided to the domestic market. Upon reaching full capacity in 2025, it is planned to provide educational services for more than 10,000 people annually.
- Total academic hours – 916,000 hours per year;
- Total consulting hours – 60,000 hours per year.
Project
This investment project involves the construction and operation of a Simulation Center for Advanced Medical Technologies in Turkistan city. The project aims to conduct professional development training, including for current healthcare workers, students, representatives of law enforcement agencies, the Ministry of Emergency Situations, and transport organizations.
Current project status:
- A land plot of 2 hectares has been allocated by the Akimat in the administrative and medical center of Turkistan city;
- The design and estimate documentation (DED) for the project “Construction of a Simulation Center in Turkistan City” has been developed, and a positive expert opinion No. 19-0030/20 dated November 10, 2020, has been obtained;
- Suppliers of medical simulators and training equipment have been identified: LLP “MedIS & Trading” and LLC “EIDOS”.
Company
LLP “SITCO Group”, the project initiator, has 10 years of experience cooperating with regional educational institutions and medical organizations.
Market Overview
According to WHO estimates, by 2030, the number of healthcare professionals will reach 67.3 million, while the projected global shortage of medical personnel will increase to 15 million, mainly in low-income countries.
In Kazakhstan, the shortage of medical personnel has doubled over the past five years, reaching 23.1 thousand specialists. On average, one general practitioner serves more than 1,200 patients.
Why is the Project Attractive?
- Growing demand for qualified medical personnel. High workload negatively affects the quality of healthcare services. Between 2021 and 2022, the number of complaints about healthcare workers and medical organizations doubled. Considering the increasing demand for highly qualified professionals, interest in the educational programs offered by the Simulation Center is expected to grow.
- Modern technologies. To ensure accurate modeling of medical scenarios, the project plans to acquire and utilize state-of-the-art equipment and medical simulators.
- Well-established partner network. The company’s partners include suppliers of simulation equipment such as Med Mod, General Doctor, 3B Scientific, Gaumard, Meti, Ensym, and EIDOS.
Investment Proposal
To implement the project, total financing of USD 30,945 thousand (at an exchange rate of 449.2 KZT per USD) is required, including:
- 70% (USD 21,661 thousand) – debt financing (subject to collateral availability);
- 30% (USD 9,283 thousand) – investor participation.
The proposed financing structure and government support measures are indicative; the final structure of financing and the share of participation in the project will be determined following joint negotiations with the investor.
