Parkway to build USD70 mn hospital in Yangon

 01-Feb-16, Myanmar Business Today 

Parkway Pantai is set to open a $70-million, 250-bed hospital in Yangon through its wholly-owned subsidiary, Parkway Healthcare Indo-China Pte Ltd, in a bid to capitalise on the largely untapped healthcare market of Myanmar.

Image: IHH

The new hospital, Parkway Yangon, is located at downtown Yangon on a 4.3-acre plot of land leased for 50 years, with the option of two 10-year extensions, the company said in a statement.

Parkway Yangon is the first hospital of Parkway Pantai in Myanmar, where the demand for quality healthcare is growing. The hospital is expected to open in 2020.

IHH operates a global network of 49 hospitals across nine countries.

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 Elsevier APAC Healthcare Update