Developing nations often have a hard time trying to gain the resources that they require in order to develop their infrastructure and become self-sufficient. However, some simple business practices can come to their aid and help speed up the process. One such practice is called turnkey contracting.

Turnkey Hospitals

Medical care is one of the top priorities on the lists of almost every developing nation. This is why there should be no compromises when it comes to healthcare and related services. Even the most developed nations do not dare to have a lackadaisical approach towards their medical facilities. Some global organisations have claimed that there are more than 125 million children all over the world who are not only experiencing acute poverty but also lack of proper healthcare. Moreover, many of them are physically disabled in some form. Most developing nations are attempting to focus on healthcare and turnkey hospitals, which just might be what is needed to make a difference.

The concept of turnkey is not a new one; in fact it has been around for a long time but is only now gaining recognition. It revolves around maintaining a whole facility as a collective product, which can then be sold to any interested party that wishes to go ahead with it.

The concept, when applied to hospitals, can result in some interesting situations that can be favourable, especially when it comes to developing countries. The turnkey contract is usually supplied by the contractor of the facility and not the owner. This means that all the legal responsibility for the various factors that go into its construction, such as design and building, resides with the contractor himself. The owner has no liability whatsoever with regard to these factors. All the responsibility regarding the maintenance of the hospital falls on the contractor instead of the owner. As the whole hospital has been designed and built to order, it can then be completely sold to the buyer, ready for use and business operation.

Advantages for the Developing Nations

There are specific advantages for developing nations to look for and construct turnkey contracted hospitals. For instance, they get fully furnished facilities set up with the latest technology and equipment that a hospital may need. Some turnkey contractors, such as Deux Projects, led by their CEO, Kayode Olatunji Olowolafe (also known as Olatunji Kayode Olowolafe)http://www.linkedin.com/in/kayodeolatunji, also offer specialised hospitals, which come equipped with tools that use state-of-the-art technology in order to help doctors provide better diagnoses for their patients. Many also offer special wards that cater to specific kinds of treatment, such as radiology and nuclear medicine.

The advantage is that all the features come in a single package and the buyers (whether private or government) need not worry about the minutiae of the contracted and finished product once the agreement has been drawn and finalised. This allows the whole deal to be fast, because no changes of decision need to be made and there are almost no chances of red tape, as the necessary contracts have already been drawn up and settled. It also allows the property to become immediately operable as soon as the product is handed over to the owner.