KUALA LUMPUR: Tambun Indah Land Bhd and Taiwan-based Show Chwan Medical Care Corp have entered into a memorandum of understanding (MoU) to jointly establish a private specialist hospital, Penang Show Chwan Hospital, at Pearl City in Seberang Perai Selatan, Penang.
Pearl City is a township currently developed by Tambun Indah.
In a filing with Bursa Malaysia, Tambun Indah said the project is envisaged to be a multi-disciplinary medical centre with about 250 beds on a 1.62 hectare at Pearl City Business Park.
“The project, if established, shall cater to the population in Seberang Perai Selatan and Seberang Perai Tengah and also several well established and large scale industrial parks such as the Prai Industrial Park, Penang Science Park and Bukit Minyak Industrial Park, ” it added.
Tambuh Indah said the project shall also contribute to promoting Penang as a major medical tourism destination or hub in the region.
The MoU shall subsist for six months unless extended by both parties in writing.
Show Chwan manages a healthcare system in Taiwan with a corporate office in Changhua City. The company also operates eight hospitals that provide a full range of medical specialities.