THE Universiti Tunku Abdul Rahman (UTAR) Education Foundation has received a pledge of RM50mil from philanthropists Brahmal Vasudevan and Shanthi Kandiah through their trust, Alaka Holdings.
The funds will be utilised for the construction of a RM330mil not-for-profit teaching hospital at the UTAR Kampar campus.
Construction work on the hospital is expected to be completed and start operations by 2023.
In making the pledge, Vasudevan said: “We believe that everyone should have access to affordable, quality medical care, and we are pleased to make this contribution to UTAR to help make this vision a reality.
“UTAR Hospital will provide a vital service to the people of Kampar and its surrounding communities, creating programmes that will not only affect the health of our communities but can be leveraged in healthcare facilities across the country for all Malaysians.”
UTAR Education Foundation Board of Trustees chairman Tan Sri Dr Sak Cheng Lum said as a teaching hospital, it would be utilised as an avenue to provide and promote additional training, learning and research within the field.
Brahmal is founder and chief executive officer of private equity firm, Creador, while his wife Shanthi is founder of law firm SK Chambers.
With this pledge from Alaka Holdings, the fundraising campaign for the building of the UTAR Hospital has passed the critical halfway mark with RM201mil donated and pledged.
UTAR Hospital is calling for more support to cover the remaining RM129mil shortfall and ensure the swift completion of the project.