Sammyboy RSS Feed
16-05-2016, 10:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Myanmar moves to suspend controversial private hospital project
May 12, 2016 3:20 pm
Yangon - The Myanmar parliament Thursday announced that the new government was suspending a plan to lease a prime location in Yangon to a foreign private healthcare group, after widespread protests from the medical establishment, state-run media reported.
The 1.7-hectare plot near the public Yangon General Hospital was to be leased to Malaysian healthcare group IHH to build a 250-bedprivate facility, under the agreement struck by the previous, military-appointed government.
The deal was slammed by medical professionals, who said the Health Ministry-owned land should be used to expand the public hospital instead, and brought a petition against the project in January.
Lower house Speaker Mann Win Khain Than said Thursday the proposal to cancel the project was approved, adding that Health Minister Myint Htwe has told parliament the lease to IHH would not improve the healthcare services available to the wider public.
"The land plot is reserved for the further extension of Yangon General Hospital," Myint Htwe was quoted as saying.
The suspension of the plan was yet to be formally announced by the government.
IHH had planned to invest 70 million dollars in the Parkway Yangon private hospital through its wholly-owned subsidiary Parkway Healthcare Indo-China Pte Ltd.
Myanmar saw its first elected government take power in more than 50years in January, completing a transition from military rule that started in 2011.
The country’s greater openness to investment since then has already brought strong economic growth, with the healthcare sector alone growing from 704 million dollars in 2010 to 2 billion dollars in the fiscal year to March 2016, according to research firm Solidiance.
- DPA
http://www.nationmultimedia.com/brea...-30285786.html (http://www.nationmultimedia.com/breakingnews/Myanmar-moves-to-suspend-controversial-private-hos-30285786.html)
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?229737-Parkway-healthcare-to-lugi-big-time-in-Myanmar-soon&goto=newpost).
Myanmar moves to suspend controversial private hospital project
May 12, 2016 3:20 pm
Yangon - The Myanmar parliament Thursday announced that the new government was suspending a plan to lease a prime location in Yangon to a foreign private healthcare group, after widespread protests from the medical establishment, state-run media reported.
The 1.7-hectare plot near the public Yangon General Hospital was to be leased to Malaysian healthcare group IHH to build a 250-bedprivate facility, under the agreement struck by the previous, military-appointed government.
The deal was slammed by medical professionals, who said the Health Ministry-owned land should be used to expand the public hospital instead, and brought a petition against the project in January.
Lower house Speaker Mann Win Khain Than said Thursday the proposal to cancel the project was approved, adding that Health Minister Myint Htwe has told parliament the lease to IHH would not improve the healthcare services available to the wider public.
"The land plot is reserved for the further extension of Yangon General Hospital," Myint Htwe was quoted as saying.
The suspension of the plan was yet to be formally announced by the government.
IHH had planned to invest 70 million dollars in the Parkway Yangon private hospital through its wholly-owned subsidiary Parkway Healthcare Indo-China Pte Ltd.
Myanmar saw its first elected government take power in more than 50years in January, completing a transition from military rule that started in 2011.
The country’s greater openness to investment since then has already brought strong economic growth, with the healthcare sector alone growing from 704 million dollars in 2010 to 2 billion dollars in the fiscal year to March 2016, according to research firm Solidiance.
- DPA
http://www.nationmultimedia.com/brea...-30285786.html (http://www.nationmultimedia.com/breakingnews/Myanmar-moves-to-suspend-controversial-private-hos-30285786.html)
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?229737-Parkway-healthcare-to-lugi-big-time-in-Myanmar-soon&goto=newpost).