KMI Healthcare in RM146mil hospital partnership


PETALING JAYA: Kumpulan Medic Iman Sdn Bhd (KMI Healthcare), a subsidiary of TDM Bhd, has signed a build-and-lease agreement with Bertam Specialist Hospital Sdn Bhd (BSHSB) to develop a 100-bed hospital in Bertam, Seberang Perai Utara, Penang.

The hospital, with a gross development cost of about RM146mil, will be built on a 0.85ha site, about a 10-minute drive from the Kepala Batas toll exit.

KMI Healthcare chief executive officer Dr Rayney Azmi Ali said the company would lease the facility from BSHSB for an initial 18-year term, with an option to extend for another 12 years.

“Bertam is a strategic choice, with a population of 117,043, to be exact. Currently, the only healthcare establishment in this area is the government hospital, leaving a gap that KMI Healthcare is uniquely positioned to fill,” he said at the signing ceremony in Kuala Lumpur yesterday.

He also highlighted Penang’s growing status as a prime destination for medical tourism, particularly for patients from Indonesia, as one of the key factors.

“With Penang Island becoming increasingly congested, we are providing patients with a new option to access medical services on the mainland.

“With advanced healthcare infrastructure, affordability and cultural amenities, we are well-positioned to tap into this growing market and offer world-class medical services to international patients.”

BSHSB managing director Datuk Seri A K Teng said the hospital’s strategic location and modern infrastructure would set a new benchmark for healthcare delivery in the region.

“By combining our resources, expertise, and commitment, we are laying the foundation for a project that will bring lasting value to the community,” he said.

The hospital will feature advanced medical and surgical facilities, including centres of excellence, diagnostic services and patient-focused care units. Construction is set to begin this year, with completion targeted for 2028. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read