February 29, 2024

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Kuala Lumpur’s Integrated Wellness City Adds High-Tech Hospital

KL Wellness City held a media announcement to highlight the support of the Malaysian Government, specifically the Malaysian Investment Development Authority (MIDA), for the KL International Hospital (KLIH) project. This new private hospital, with an estimated investment of RM860 million, will be located within the mixed development of KL Wellness City in Kuala Lumpur.

It will feature 624 beds, with the potential for expansion up to 1,000 beds, and will offer a fully integrated ecosystem of healthcare services, including wellness and fitness facilities. The hospital is scheduled to begin operations in Q1 2026 and is expected to create over 3,000 job opportunities.

The event was officiated by the Chief Executive Officer (CEO) of Malaysian Investment Development Authority (MIDA) and the Managing Director of KL Wellness City.

To enhance the competitiveness of the healthcare sector and attract investors, the government, through MIDA, has offered incentives such as tax deductions and support for selected hospitals. Currently, MIDA has granted incentives to 86 private healthcare facilities with a combined investment of RM11.2 billion, generating more than 18,000 job opportunities.

MIDA’s CEO stated that the Malaysian government has made healthcare a top priority, demonstrated by its substantial budget allocation for the sector. In 2022, the Ministry of Health (MOH) received the second-largest budget of RM32.4 billion after education, reflecting the government’s dedication to the welfare of its people.

Malaysia’s healthcare system is a two-tier system, with the public and private sectors working in tandem to provide healthcare services, particularly in urban areas. The private sector plays a crucial role in meeting the demand for specialised services such as oncology, cardiology, and gene therapy.

The new hospital will feature advanced technology and state-of-the-art medical equipment, such as 22 operating theatres including Hybrid Angio and MRI OT, robotic surgery, 3T MRIs, 512 CT, Biplane and Single Plane Cath labs, MRI Linac, and a Hyperbaric unit.

The facility will provide comprehensive medical care, catering to a wide range of disciplines, from complex to non-complex surgeries, as well as tertiary and secondary care services. The hospital’s unique capabilities are expected to attract top-notch, multidisciplinary specialists to practice in a single location, significantly reducing turnaround time for local and foreign patients and enhancing their care and experience.

Malaysia’s healthcare system is widely accessible to its population, thanks to the coexistence of public and private sectors. Significant investments in world-class facilities have led to the development of specialist services in both private and public hospitals. Additionally, Malaysia’s medical tourism industry has substantial growth potential, with a compound annual growth rate of 17%. As a result, the country has become a popular destination for foreign patients seeking medical treatment.

Aligned with the vision of establishing a comprehensive wellness hub, the KL Wellness City community offers an array of services, including The International Tertiary Hospital, Medical Suites, clinical R&D facilities, innovation laboratories, healthcare company office towers, a retirement resort, a Healthcare Hub, wellness-focused serviced apartments, a fitness-centred Central Park, and other amenities. These components combine to create a healthcare nexus, making KL Wellness City the ultimate one-stop destination for both physical and mental well-being.

With a growing population, increasing demand for healthcare services, and a focus on enhancing medical services, Malaysia is a fertile ground for healthtech. Healthtech solutions in Malaysia include telemedicine, health information systems, electronic health records, and other digital tools that facilitate remote diagnosis, treatment, and monitoring. The Malaysian government is also investing in healthtech and has launched initiatives to support the development and adoption of healthtech solutions in the country.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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