#4 Health Tourism Gleneagles Medical Centre
KPJ Healthcare - Acquisition of SMC & Damai Specialist
Public Hospital Upgrades & Extension (4 Hospitals)
Roll Out of Full Paying Patient (FPP) to boost revenue for Government hospitals & promote health tourism

GLENEAGLES MEDICAL CENTRE

250 beds and 6 Operating Theatres 152 units Small office Home office (SoHo) 247 retail lots 118,350 sq ft 124,408 sq ft office suites

Challenges
High infrastructure cost
High capital cost and slow return of investment. Not attractive to financier
Finding reputable Hospital Operator

Enablers Required to make it happen
Facilitation fund to cover part of infrastructure cost
State Government support to the Hospital Project
Creative development mix with commercial components for sale to partly finance the Hospital cost

Key outcome / benefit of this project
Availability of a reliable and reputable Medical Centre in Kota Kinabalu. The local Sabahans need not fly to Kuala Lumpur and Singapore for critical treatment
Contribute to the State economy via medical tourism
Creating business opportunities, property appreciation to investors and substantial job creation


 

INDEX : Kota Kinabalu  March 16, 2014 02:50:46 PM

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