Malaysia’s IHH Healthcare Bhd, Asia’s largest hospital operator, will build a RM2 billion hospital in Hong Kong with NWS Holdings Ltd.

IHH has in the past few years acquired hospitals in Turkey, India and Singapore to compliment its local operations.

The hospital in Hong Kong, which will open its doors in 2016, will provide a full range of medical services with a capacity of 500 beds, IHH said in an announcement to Bursa Malaysia today.

The hospital will be built and operated by GHK Hospital Ltd, which is 60 per cent owned by IHH with NWS Holdings holding the rest.

The RM2 billion invested into the hospital includes the RM675 million spent to acquire the land.

IHH said the University of Hong Kong, as the clinical partner for the hospital, will oversee the appointment and training of medical staff.

source:Reuters