THE Mahkota Medical Group will open a RM120 million hospital in Bandar Seri Alam, Johor, in June. The 218-bed Regency Specialist Hospital expects to tap medical tourism in a big way. It projects contribution from domestic and foreign patients to be split equally within the next three years.It will be the group's second hospital."The building is completed. The certificate of occupancy has been issued. We are waiting for the operating licence. The hospital should be operational mid-2008," Mahkota Medical Centre Sdn Bhd chief executive officer Francis Lim told Business Times. The RM120 million investment includes land, building and equipment."We expect to break even in three years and be profitable from the fourth," Lim said. Read more
(New Straits Times 21-3-2008)
