Loyal readers of Health in Myanmar or its predecessor HIV Information for Myanmar know that the moderator has been critical of the journalism of Eleven Media.
But here they may be on to something: a private hospital to be built on government land. Was there a public process before this arrangement was made? "The Ministry of Health was unavailable to comment."
Jamie
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IHH makes groundbreaking foray into Myanmar
Published: 24 January 2016 9:33 PM
IHH Healthcare Bhd through its subsidiary is building a new hospital in Myanmar which is expected to open in 2020. – Reuters pic, January 24, 2016.IHH Healthcare Bhd through its subsidiary is building a new hospital in Myanmar which is expected to open in 2020. – Reuters pic, January 24, 2016.IHH Healthcare Bhd, through its indirect wholly-owned subsidiary, Parkway Healthcare Indo-China Pte Ltd, today held a groundbreaking ceremony for a US$70 million (RM299 million), 250-bed hospital in Yangon, Myanmar.
The new hospital, Parkway Yangon, is Parkway Pantai's first hospital in Myanmar, IHH said in a statement today.
The project would be developed and operated by a joint venture consortium – Andaman Alliance Healthcare Ltd (AAHL), comprising Parkway Healthcare Indo-China Pte Ltd (52.0%), Singapore-incorporated Macondray Holdings Pte Ltd (10.5%), Myanmar-incorporated AMMK Medicare Company Lt (21.5%) and Myanmar-incorporated Global Star Company Ltd (16%).
The hospital is located at downtown Yangon on a 1.74ha plot of land leased for 50 years at prevailing market rate, with the option of two 10-year extensions.
This represents a significant commitment to invest in the local community through a "build-operate-transfer" model and investment for the project has obtained approval from the Myanmar Investment Commission, IHH said.
The ground-breaking ceremony of Parkway Yangon was graced by chief minister for Yangon Region, U Myint Swe and Myanmar's health minister, Dr Than Aung.
"This exciting joint venture will bring high-quality healthcare to the people of Myanmar when it opens in 2020.
"Leveraging our more than 40 years’ experience in operating premium hospitals across nine countries, we are committed to working closely with the local Ministry of Health and our business partners," managing director & chief executive officer of IHH and Group chief executive officer & managing director of Parkway Pantai, Dr Tan See Leng said.
The establishment of Parkway Yangon will be a catalyst for the training of healthcare professionals such as nurses and allied healthcare practitioners and create more job opportunities for the community.
Doctors from Mount Elizabeth Hospital, one of the key hospitals under the Parkway Pantai network, have been actively engaging with specialists in Myanmar in various community outreach initiatives. – Bernama, January 24, 2016.
http://www.themalaysianinsider.com/business/article/ihh-makes-groundbreaking-foray-into-myanmar
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Private hospital to be built on govt land
Leased land in front of the University of Nursing at the corner of Bogyoke Aung San and Pyay roads (Photo-EMG)
A large plot owned by the Ministry of Health in front of the University of Nursing at the corner of Bogyoke Aung San and Pyay roads in central Yangon has been leased for a private hospital, according to a source at the Myanmar Investment Commission.
It is reported that the monthly land rental is Ks181 per square foot for the 4.3-acre plot near Yangon General Hospital.
The Parkway Yangon Hospital is a collaboration between Singapore-based Parkway Hospital Group and the domestic Andaman Alliance Healthcare Ltd. The project reportedly has capital investment of US$80 million, with Parkway contributing 62.5 per cent and Andaman Alliance 37.5 per cent.
Andaman Alliance is run by Dagon Group Co Ltd, which is jointly established by Win Aung, president of the Union of Myanmar Federation of Chambers of Commerce and Industry, and International Beverages Trading Company chairman Aung Moe Kyaw.
The land use premium is said to be US$2 million per acre and the project was given the green light in accord with the Foreign Investment Law, under which the lease should last 50 years with the option of two 10-year extensions.
The Ministry of Health was unavailable to comment.
"Leasing land owned by the health ministry, where public health-care projects could be developed, is a conflict of interest. Such projects with a conflict of interest should be investigated and reviewed when the next government takes office," said Dr Thein Myint, managing director of the Eleven Media Group.
http://www.elevenmyanmar.com/politics/private-hospital-be-built-govt-land
