STOCK TITAN

ZICIX Corporation to Develop P2A Hospital Project in Senegal

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Zicix Corporation (OTC Pink: ZICX) has announced a partnership with Société Générale Bank to fund the P2A Hospital Project in Dakar, Senegal, involving 300 hospital beds and 250 hotel dormitory rooms, with an estimated cost of $160 million. Additionally, the project includes a 5 Mega Watt Solar Energy Project. Dr. Alioune Badara Faye leads the initiative and has secured development land. ZICIX is providing necessary documentation to facilitate funding, and a Family Medical Center will commence operations prior to project completion.

Positive
  • Partnership with Société Générale Bank for $160 million funding.
  • Development of a Family Medical Center to provide immediate health services.
  • Inclusion of a solar energy component enhances project sustainability.
Negative
  • None.

Carson City, NV, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Zicix Corporation (OTC Pink: ZICX), having previously acquired CTIP-FII for the purpose of several infrastructure development projects, has announced an investing partner Société Générale Bank. Société Générale Bank is located in Senegal and will invest in the P2A Hospital Project consisting of 300 hospital beds and 250 hotel dormitory rooms, with a proposed project cost of about $160 million.

The P2A Hospital Project also consists of a 5 Mega Watt Solar Energy Project to be established in Dakar, Senegal. The President of the P2A Hospital Project, Dr. Alioune Badara Faye, is currently serving as the Head of the Department of Medical Imaging and Medico Technical in one of the largest hospitals in France.

ZICIX President, Fernando Sopot, assisted by ZICIX Vice President of Operation, Emmanual Oluwehuje have provided development studies and other supporting documents to Société Générale Bank to receive the funding for the P2A Hospital Project. The land for development has been secured by Dr. Faye in conjunction with the Polyclinique de L’Amitie et de L’Alliance (P2A) in Dakar. In the interim, a Family Medical Center will be opened to provide medical health services to the public until the completion of the P2A Hospital Project.

The project is being designed by a well-known architectural firm whose expertise is in providing architectural and engineering design for hospitals, as commissioned by Dr. Faye. The architectural firm, ARCHION Architects, is led by its Principal Architect Daniel A. Lichauco.

About the Corporations:

Zicix Corporation (OTC Pink: ZICX) Originally founded as a service provider to the Healthcare industry, the Zicix Corporation has recently been restructured with the intention of acquiring and developing technology applications designed for service companies in consumer, retail and other industries.

CTIP First Investment, Inc. (CTIP-FII) is a private investment and project development company, involved in undertaking development projects for both the Government and the Private Sectors respectively. CTIP-FII designs and brings the right financial engineering to project owners and creditors to fund development undertakings and permanent mortgage. www.ctip-fii.com

Polyclinique de L’Amitie et de L’Alliance (P2A) is a corporation engaged in the development and operation of hospitals and satellite medical offices in Africa.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

For additional information, follow us on Twitter @ZICIXCorp or call 830.331.0031 and visit http://www.ctip-fii.com

Attachments


FAQ

What is the ZICX P2A Hospital Project?

The P2A Hospital Project involves constructing a hospital with 300 beds and 250 hotel dormitory rooms in Dakar, Senegal, with a project cost of approximately $160 million.

Who is investing in the ZICX P2A Hospital Project?

Société Générale Bank is the investing partner for the ZICX P2A Hospital Project.

What additional project is included in the ZICX P2A initiative?

The P2A Hospital Project also comprises a 5 Mega Watt Solar Energy Project.

When will the Family Medical Center open?

The Family Medical Center will open to provide medical services until the P2A Hospital Project is completed.

ZICIX CORPORATION

OTC:ZICX

ZICX Rankings

ZICX Latest News

ZICX Stock Data

551.45k
Software - Application
Technology
Link
United States of America
Houston