Medical Tourism : Foreign Giants Keen On RM8bil Penang Infrastructure Jobs

  Tags: China, Malaysia

Another growing attraction in Penang in recent years is medical tourism which has chalked up an average growth of 20% a year since 2005. According to Penang Health Association chairman Datuk Dr. Chan Kok Ewe, the industry grew by some 25% in terms of revenue to RM136mil in the first half of this year from last year's corresponding period.

“Medical tourism in Penang started in earnest in 2005. Today, it accounts for two thirds of the medical tourism market in the country and has proven itself to be extremely resilient even in a recession as its services are more of a need than a want,” he said, adding that there were much opportunities to be tapped in dental hospital, rehabilitation centres, retirement villages and medical supplies.

“Malaysia is one of the top five destinations for people looking for affordable medical treatment with a large chunk of it coming from Penang,” said Chan.

 

Read more: