A HEALTH Metropolis will be developed to create a healthcare ecosystem under one roof in Greater Kuala Lumpur/Klang Valley.
The construction of the world-class campus for healthcare and bioscience was one of the six entry point projects (EPP) identified for healthcare to generate RM35.5bil incremental gross national income (GNI) contribution to reach RM50bil by 2020.
This would help spur big results for healthcare, one of the 12 National Key Economic Areas (NKEA) identified in the 10th Malaysia Plan.
The goal for this EPP is to create a thriving medical ecosystem located in one large campus as a launching pad for a series of ecosystems in other locations.
Universiti Malaya would serve as the anchor of this project.
Organisations such as the National Heart Institute, Columbia Asia, Sime Darby and International Medical University have expressed interest in participating and understand the synergies of having access to trained professionals and innovative research.
An estimation of RM1.1bil investment is required to develop the metropolis.
It will be channelled towards the construction of necessary infrastructure to provide patient services, research and healthcare education.
The incremental GNI delivered from this EPP is estimated at RM986mil with 4,400 jobs by 2020.
Another EPP identified would be to transform Malaysia from a net importer to a major force in the export of generic pharmaceuticals in the RM422bil prescription and pharmaceutical drug industry.
Overall, the healthcare sector would require a cumulative funding of RM23bil from 2011 to 2020 with 99% of it is expected to come from the private sector.
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