Plans are also afoot to develop the KPJ Muar Specialist
Hospital, a project which began when KPJ first acquired the
partially-completed 7-storey building located along Jalan
Stadium in Muar, Johor for RM22 million. The acquisition
was completed on 12 April 2010.
KPJ is currently completing the hospital building at an
estimated development cost of around RM26 million, and
anticipates a capacity of more than 100 beds with a floor
space of more than 200,000 sq ft and almost 200 car park
bays. KPJ Muar Specialist Hospital is likely to be completed
in early 2013 and is expected to provide various surgical
and medical services such as Orthopaedic, Mother and
Child Care, Renal Care and many others.
In the more distant future, KPJ is also placing a flag in the
Perlis state capital of Kangar following its signing of a
60-40 joint-venture agreement with Yayasan Islam Perlis
(YIP) on 11 July 2011 to develop the first private specialist
hospital in the peninsula’s northern-most state of Perlis. The
ground-breaking ceremony was held on 20 November 2011.
As part of the agreement, YIP will provide a 4.3-acre land
land in Pengkalan Asam, Mukim Seriab, Kangar for the
development, while KPJ will leverage on its 30 years of
healthcare experience to develop the new hospital and to
provide its expertise in administration, financial, general
management, and other services related to the running and
operation of a private specialist hospital.
This new development will change the landscape of
Kangar with a 6-storey hospital building that has a total
capacity of 90 beds and equipped with the latest facilities
that will encompass a built-up area of 123,000 sq ft. The
first phase of the project’s development cost is estimated
at RM30 million.
While working on increasing the number of foreign patients,
KPJ also puts significant emphasis on the growing needs
of the local community and to this end, the Group has
committed to invest almost RM900 million to develop seven
new hospitals over the next few years, including the five
hospitals named under the ETP.
With that, KPJ will bring new technologies and medical
services closer to the local community while setting its
footprint in new locations.
Blazing on the Expansion Trail
Having successfully concluded its acquisition of Sibu
Specialist Medical Centre in 2011, KPJ continues to look at
new markets and plans are afoot to open its new KPJ Klang
Specialist Hospital in Bandar Baru Klang, Selangor, in the
first half of 2012.
Built at a cost of about RM50 million, KPJ Klang will
have more than 300,000 sq ft in built-up area, allowing
it a maximum capacity of 200 beds and 29 consultant
suites as well as ample space for various services and
medical facilities.
Down south, the KPJ Pasir Gudang Specialist Hospital
in Johor is also slated for completion in 2012. The multi-
disciplinary hospital, which will be opened in phases, will
enable KPJ to provide a comprehensive range of medical
care to the local community as well as international patients
from the neighbouring countries.
KPJ will spend more than RM40 million to develop this
hospital, building up almost RM200,000 sq ft of floor space
to house more than 100 beds and medical facilities.
New Developments - Hospitals
KPJ Pasir Gudang Specialist Hospital
KPJ Muar Specialist Hospital
KPJ Klang Specialist Hospital
KPJ Perlis Specialist Hospital
Positioning for Sustainable Growth
93
ANNUAL REPORT
2011