SINGAPORE: Singapore investor Peter Lim is joining
forces with the Johor royal family to set up a medical hub and
marina city in Johor Bahru.
The two parties signed the agreement Thursday to
acquire a 10-hectare freehold waterfront site for the development,
a news release said.
The first phase of the project includes the
construction of a private hospital and healthcare-related
facilities.
This medical hub will also feature serviced apartments, a mega
shopping mall and a mega fully-secured car park with sophisticated
security systems.
The hospital will have 200 beds and will offer centres for
diabetes, orthopaedics, ophthalmology, women's health, and day
surgery.
The medical hub is expected to be a one-stop centre for chronic
disease management of diabetic patients, among other things.
Thomson International Health Services, a division of Thomson
Medical, will manage the hospital when completed.
Singaporeans and Malaysians with Central Provident Fund accounts
will be able to use their Medisave reserves for treatment from the
upcoming hospital via referrals from Thomson Medical Centre
Singapore, the statement further said.
Meanwhile, the marina city -- which includes hotels, residential
apartments, waterfront leisure and entertainment facilities and a
marina - will be constructed during the second phase of the
project.
- CNA/wk