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Increasing Capacity, Expanding
Hospital Network
In view of the anticipated increase in patient numbers, from
both domestic and international markets, KPJ had drawn
up plans to expand its capacity over the next five years,
in line with its aim to add 1-2 new hospitals to its network
via acquisitions or greenfield developments at locations that
KPJ has yet to set foot in.
The expansion effort coupled with initiatives to expand its
medical tourism market culminated in the announcement
of KPJ as one of the 13 new project owners under the 8th
update of the Economic Transformation Programme (ETP)
by Malaysian Prime Minister YAB Dato’ Sri Mohd Najib Tun
Abdul Razak on 10 November 2011.
The ETP has identified 12 National Key Economic Areas
(NKEAs) – 11 industry sectors and Greater KL/Klang Valley
– that will drive overall economic growth in the country and
to transform Malaysia into a high-income nation by 2020.
The healthcare sector, one of the 12 NKEAs, is viewed as
a private-sector driven growth engine that will generate
RM35 billion in incremental gross national income (GNI)
contribution to reach RM50 billion by 2020. It will focus on
three sub-sectors, namely Pharmaceuticals, Health Travel
and Medical Technology Products.
KPJ is investing some RM760 million over the next 3-4 years
to develop five new hospitals in Malaysia – namely KPJ Klang
Specialist Hospital, Sabah Medical Centre, Pasir Gudang
Specialist Hospital, KPJ Pahang Specialist Hospital and
Bandar Dato Onn Specialist Hospital – which were named
under the ETP Healthcare Travel category.
These five projects will collectively add 822 beds to
KPJ’s existing capacity of more than 2,500 beds, and are
expected to create over 3,000 new jobs and contribute
an estimated RM1.2 billion in GNI for the country.
These new investments, alongside other projects that are
currently in the pipeline, will bring KPJ closer to the local
community and enhance the services that will be available
to medical tourists.
The tapping of this potential healthcare travel market
– a hidden jewel – will also be accompanied by new job
creation as well as opportunities for skill enhancement,
which will bode well for the economy and the healthcare
labour market over the long run.
Announcement of KPJ projects under ETP
91 ANNUAL REPORT 2011