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Penang and Kedah industrial/data centre boom is attracting more expat workers, more highly-paid technical staff. These demographics need quality private healthcare, often with English-speaking providers. PMCK at Alor Setar and the upcoming PMC Kulim are well-positioned to capture this. Plus northern Malaysia is the gateway for Indonesia and southern Thailand medical tourism. Multi-source demand.
PMCK at Alor Setar and upcoming PMC Kulim are well positioned to capture this. Plus southern Thailand medical tourism demand could spill over, Thai patients sometimes prefer Malaysian private hospitals for cost reasons.
Kedah and Perlis still have relatively low private hospital bed ratios at only 3.05 and 1.28 beds per 10,000 people, compared to Kuala Lumpur’s 17.71. This shows there is still plenty of room for growth, and PMCK could benefit from the strong demand for private healthcare services in the northern region