Dubai firm banks on Philippines healthcare industry

 12-Nov-15, Inquirer

ASTER DM Healthcare, a leading medical conglomerate in India and the Middle East, has invested P250 million to set up its first clinic in the Philippines, marking the entry of a strong global player in the local healthcare industry.

Image: Aster DM Healthcare

The company on Wednesday inaugurated its first facility in the country—the Aster Medical and Diagnostic Clinic. The opening of this facility, which offers quality healthcare and services at an affordable price, also marked the company’s first foray in Southeast Asia.

“We have made an initial investment of P250 million (or about $5.3 million) in the Philippines to build a network of ambulatory clinics that will be synonymous with quality, affordability and accessibility. Keeping in mind the growing need for hospital facilities in the Philippines, especially for cardiac diseases and cancer care, we hope to be able to extend our network from primary care facilities to secondary and tertiary care facilities in the future,” said Alisha Moopen, Aster DM Healthcare executive director and group CEO for hospitals and clinics.

 Read the full article  

 Insights