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Monday, June 13, 2011

Sime Darby to invest RM280m in 2 hospital projects

KUALA LUMPUR: SIME DARBY BHD’s healthcare division is investing RM280 million in two hospital projects in the Klang Valley as part of the government’s health tourism plan under the Economic Transformation Programme (ETP).

The conglomerate said on Monday, June 13 it would invest in a 220-bed Sime Darby Medical Centre Ara Damansara in Subang which will be operational by the third quarter of 2011.

The 300-bed Sime Darby Medical Centre ParkCity will be operational by the second half of 2012.

Sime Darby’s investment in the two hospitals is part of the Entry Point Project 4 under the Economic Transformation Programme.

“To achieve this target, the healthcare sector will require an additional 1,900 beds. The bulk of the investment required to achieve this target is expected to come from the private sector,” it said.

Under the EPP 4, the target is to attract two million people under the health tourism programme.

By The EDGE Malaysia

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