The project ran into controversy after the Congress-led UDF government's clearance to fill 47 acres of paddyfield to set up the project came just hours before the model code for conduct came into effect in the state last week, ahead of the May 16 Assembly polls.
The timing of the clearance has been questioned by the CPI(M)-led opposition and environmentalists.
Mohan Thomas Pakalomattom, Chairman, Cochi Medi City and Tourism, said the project will be set up in 52 acres of land out of 140 acres of unused land. "That means only 30 per cent of the land will have construction," he said.
He claimed that the project had received sanction after going through proper channels. It went through a proper scrutiny by the departments concerned.
He said the project was designed after giving a lot of care to the environment by RSP Singapore, one of the pioneers in setting up eco-friendly projects in Singapore and rest of the world by maintaining the ecology and preserving water flow.
"India currently is at a ratio of 0.9. In addition to this, the potential of health tourism is also there. Cochi Medi City & Tourism was established to cater to this huge gap with a vision of establishing a modern super-specialty hospital and healthcare system offering international standards of care at an affordable cost," he said.
Asked whether they would shift the project to any other states if it was not allowed in Kerala, Thomas said the company has got offers from states like Goa.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
