Ireka unit to complete maiden hospital project in Vietnam by year-end

KUALA LUMPUR: The City International Hospital managed by Ireka Corp Bhd's unit, Ireka Development Management Sdn Bhd, is slated to complete by end-2012. "Along with economic growth, social healthcare is one of the major concerns in Vietnam. Given the increasing demand for quality overseas medical treatment, the park will be the first integrated healthcare development in Vietnam, which will
provide a comprehensive healthcare environment from facilities, hi-tech medical equipment to professional medical staff," said President and Chief Executive Officer Lai Voon Hon in a statement today.

The hospital is the first general hospital to be completed within the "Medical City" located in Vietnam’s largest medical hub, the International Hi-Tech Healthcare Park. The hospital, developed by Hoa Lam-Shangri-La Healthcare Ltd Liability Company, will eventually have other facilities such as laboratories,
medical suites, a staff residential area, medical exhibition centre & shopping mall, service apartments, international schools and a residents’ clubhouse.

Ireka’s associate company, Aseana Properties Ltd, holds a majority stake in Hoa Lam-Shangri-La Healthcare Ltd Liability Company. Currently, the hospital is more than 50 per cent completed, with the bulk of
the brick works completed.

Plaster works, mechanical and electrical services and the selection of architectural finishes are ongoing, whilst the selection and purchase of major medical equipment for the hospital were completed recently.--Bernama