Foreign Investors Eye Hospital Business in Indonesia

Foreign investors have expressed interest in healthcare business investments in Indonesia. Singapore-based Global Growth Markets (GGM) consultant said that India-based hospital group Apollo Hospitals is currently considering to build a telemedicine center and a hospital in Indonesia. In addition, Malaysia-based IIH Healthcare recently announced that they would tap into the Indonesian market as a part of its expansion plan.

GGM consultant Pet Read revealed that Indonesia’s healthcare industry showed the highest growth after China and India. The number of privately owned hospitals in Indonesia grew by 50 percent per year over the last few years.

“Currently, the number of hospitals in Indonesia, including government-owned hospitals, is around 1,300,” Mr. Read said in a press release on Thursday, November 3, 2016.

Other foreign companies interested in developing hospitals in Indonesia included Columbia Asia Health Services Group. The company, based in Kuala Lumpur, has planned to open three hospitals in Semarang.