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Rowsley Teams Up With Thomson Medical To Develop Healthcare City In Johor
Daily Bulletin | 08 December 2015
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Rowsley and Thomson Medical has inked a memorandum of understanding to develop the Vantage Bay Healthcare City (VBHC) project in Iskandar in southern Malaysia, valued at RM5 billion ($1.7 billion).

The two parties will work together to conceptualise and develop the project and Thomson Medical will, in particular, advise on the wellness and healthcare aspects of the project.

VBHC – a 9.2 hectare site just a kilometre from the Johor Causeway – would comprise a specialist hospital, a community hospital, long-term care facilities and a medical school amongst other facilities, to tap on the increasing demand for healthcare in the region.

Rowsley said it intends to fund the investment through a diverse mix of financing including equity funding from investors.

Rowsley  0.133 -0.003 -2.21%   
Business: Co engages in invs, invs hldg & strategic invs, & other related activities.

Insight: Aug-17, 1H17 revenue rose 5.3% due to new revenue ... Read More


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