Mitsui preparing entry into Japan's hospital industry
28-Jul-16, Nikkei Asian Review
With hopes of breaking into the Japanese medical industry one day, major trading house Mitsui & Co. will deepen its hospital management experience in the rest of Asia.
%20W3LiveNews.jpg "Mitsui preparing entry into Japans hospital industry (c) W3LiveNews")
Image: W3LiveNews
The Japanese company said it will invest $101 million to acquire a 16% stake in the holding company of the Columbia Asia group, the largest hospital operator in Asia serving middle-class patients.
Columbia Asia specializes in outpatient and simple hospital treatments, using an efficient IT-centered administrative system. The group owns 28 medical facilities in four countries, including India, which currently lacks medical facilities tailored for the middle class.