ID :
147854
Fri, 10/29/2010 - 02:55
Auther :

M`SIA STILL HAS ROOM TO GROW IN HEALTH TOURISM, SAYS HEALTH MINISTER

KUALA LUMPUR, 0ct 28 (Bernama) -- The Asian health tourism market, which
includes India, Singapore, Thailand and Malaysia, is projected to rise from
RM7.7 billion (US$2.5 billion) in 2006 to RM13.7 billion (US$4.4 billion) in
2012.

Health Minister Liow Tiong Lai said Malaysia is estimated to rake in RM342
million (US$110 million) this year and this showed that the country still has
room to grow and be at the forefront of health tourism in the region.

"The gross national income per capita is expected to be lifted from about
RM23,700 (US$6,700) in 2009 to more than RM48,000 (US$15,000) in 2020," Liow
said at the joint-venture signing ceremony between AriyaDana Equities Sdn Bhd
and Bangalore-based Narayana Hrudayalaya Private Ltd here Thursday.

"And the healthcare industry has been identified as one of the key areas to
achieving this (high-income nation) status," he said.

AriyaDana Equities is signing a joint-venture agreement with Narayana
Hrudayalaya India to establish the Narayana International Medical Centre (NIMC)
in Nilai located in the state of Negeri Sembilan.

At the signing ceremony, AriyaDana Equities was represented by its director
Nathan Mahalingam and Narayana Hrudayalaya by its chairman and founder, Dr Devi
Prasad Shetty.

Liow said this joint venture was moving in the right direction in planning
to promote health tourism, creating a hub to attract foreigners while being
beneficial to Malaysians.

According to him, the merger will also become a good option for patients
from other parts of the region and a source of foreign revenue which will help
to speed up Malaysia's transformation into high-income nation.

NIMC will provide the full suite of specialist medical services with centres
of excellence in disciplines such as cardiology, oncology, paediatrics and
orthopaedics.

Its business model is designed to provide quality healthcare which can be
accessible to all, regardless of economic status.
-- BERNAMA

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