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361 Posts
Discussion Starter · #1 · (Edited)
Columbia Asia
Columbia Asia website

Columbia Asia is a chain of hospitals in Asia, with 13 medical facilities across India, Malaysia, Vietnam and Indonesia. The company is based in Kuala Lumpur, Malaysia, and was founded in 1994.

The company offers full-service hospitals built in neighborhoods, rather than the central city. Columbia Asia's target market is the fast-growing middle income group.

Columbia Asia hospitals are smaller in size, which helps keep costs down. A typical hospital has about 65 adult beds, costing about $15 to $16 million to build. It sees about 8,000 patients a month, and brings in about $1 million in monthly revenue.

With streamlined administration and fewer beds, the hospitals have an average patient stay of two days.

Most of the company’s 2,600 employees are from the host countries. Columbia Asia hires its doctors and staff largely from the local areas.

The company is in the midst of expansion, especially in India. Columbia Asia has 14 hospitals under construction and owns the property for another 12. Upon completion the company will have 21 hospitals and an airport clinic in India, 11 hospitals in Malaysia, three hospitals in Vietnam and three hospitals in Indonesia, together representing an investment of over $600 million (U.S.).

Columbia Asia Medical Center - Puchong
Columbia Asia Hospital - Taiping
Columbia Asia Medical Center - Seremban
Columbia Asia Extended Care Hospital - Shah Alam
Columbia Asia Medical Center - Miri

Planned facilities:
Selangor State

Sarawak State

Bukit Rimau
Shah Alam, Selangor State

Kota Damansara
Selangor State

Johor State

Major suburb in Kuala Lumpur, Federal Territory


361 Posts
Discussion Starter · #2 ·
Nusajaya Medical Parks signs with Columbia Asia Group

KUALA LUMPUR, Nusajaya Medical Park Sdn Bhd (NMPSB), a wholly-owned subsidiary of UEM Land Sdn Bhd, today signed a thirty year Build Lease Agreement (BLA) with CPH Seremban Acute Care Sdn Bhd (CPH). Under the terms of the agreement NMPSB undertakes to construct and complete a seventy-bedded hospital and lease to CPH for a period of thirty years. The agreement was signed by UEM Land’s Managing Director, Wan Abdullah Wan Ibrahim and CPH Director, Rick Evans.

The proposed two storey hospital in Nusajaya’s Medical Park will cater to the growing medical needs of the current 60,000 population in Nusajaya as well as its immediate surrounding areas. The hospital will be the pioneer project at the proposed 67.2-acre Medical Park, twenty minutes away from Johor Bahru city centre. The hospital is also accessible from the Johor State New Administration Centre and 15 minutes away from the Senai Airport.

Upon its completion in 2009, the hospital will be equipped with nursing and physiotherapy units, patient and outpatient services, staff and procedure areas as well as ample car park lots. This healthcare facility is part of the first phase of the Nusajaya Medical Park which also includes a neighbourhood commercial centre, general practitioner; dental and eye out-patient clinics, government clinics and a health screening centre. The second phase of the Medical Park would comprise a dialysis and rehabilitation centre, a nursing college, a wellness and a traditional and complementary medicine (TCM) Academy as well as specialist clinics.

The Medical Park is UEM Land’s launching pad towards positioning Nusajaya as a Medical Hub. The Medical Hub, which comprises a Medical City and Medical Park, is one of the catalyst developments identified to expedite the expansion of Nusajaya. As a catalyst development, the Medical Hub shall cater to the three distinctive areas under the health spectrum, namely modern medicine, traditional and complementary medicine (TCM) and wellness.

The Medical Hub is envisioned to be the leading centre for medical excellence in teaching, research and treatment in Asia. With a total area of 389 acres, this niche development is tailored specifically to meet the increasing regional demand for better healthcare services. The goal is to draw patients from the surrounding regions such as Singapore, Indonesia, Brunei, Bangladesh, India and the Middle-East.

The development of the Medical Park is intended to serve the unmet healthcare needs of the surrounding population of Nusajaya as well as to capitalize on the increasing trends in regional health tourism. This presents an opportunity towards achieving the vision to turn Nusajaya into a regional health care destination.

361 Posts
Discussion Starter · #3 ·
Columbia Asia will be the first private healthcare facility in Bintulu

Currently there is no private healthcare center in Bintulu. However that might change soon with the opening up of Columbia Asia on the 1st quarter of 2009?. The center located at Tanjung Kidurong, Tan Sri Ikhwan road is the first private healthcare facility in Bintulu.

Columbia Asia - a relatively unknown private healthcare provider actually has several hospitals in west Malaysia, Vietnam, Indonesia and India. Bintulu the second town in Sarawak after Miri to have such facilities.

Columbia Asia was first established in South East Asia in 1995 and is rapidly expanding across South Asia. Columbia Asia Hospital situated in Bintulu will be fully equipped, multi disciplined facility offering quality inpatient and outpatient services. They are seeking dynamic individuals to join us at our new facility for the following positions.

361 Posts
Discussion Starter · #5 ·
Columbia Asia plans to set up six hospitals in Malaysia

Having hospitals in Taiping, Seremban, Puchong, Shah Alam and Miri also with the chain in India, Vietnam and Indonesia, Columbia Asia has announced its plan to build six midsize hospitals in the coming two years in Malaysia.

The new healthcare facilities are likely to open in Bintulu by September 2009, Balakong by the third quarter of 2010, Bukit Rimau by the third quarter of 2010, Kota Damansara by 2011, Nusajaya by the end of 2009 and Setapak by the end of 2010.

Columbia Asia is planning to spend US$ 103 million on this expansion plan.

The six mid-size hospitals will provide 480 patient beds and employ about 1,800 people. It will raise the existing number of Columbia Asia hospitals to 11 and is expected to target middle-income group by providing modern healthcare facilities.

Specifications Table:

[B]Name:                      Six new hospitals in Malaysia
Construction Type:         New Construction
Location:                  Bintulu, Balakong, Bukit Rimau, 
                           Kota Damansara, Nusajaya and Setapak, Malaysia
Project Starting Year:     2009
Year of Completion:        2011
Estimated Cost:            US$ 103 million 
Promoters:                 Columbia Asia[/B]

361 Posts
Discussion Starter · #6 ·
Private hospital for Iskandar Malaysia

Pact sealed: Wan Abdullah (left) exchanging documents with Evans after
signing the sale and purchase agreement in Johor Baru recently.

JOHOR BARU: A private hospital will be built at Afiat Healthpark in Nusajaya, which is within Iskandar Malaysia.

The 70-bed hospital is expected to begin operations in 2010.

It will be equipped with laboratory and diagnostic services, outpatient and inpatient services, and ample parking facilities.

The project is a joint venture between Nusajaya Medical Park (NMPSB) – a subsidiary of UEM Land – and Columbia Asia.

A sale and purchase agreement was signed on April 14 between UEM Land managing director Wan Abdullah Wan Ibrahim and Columbia Asia Group of Companies chairman Rick Evans.

Under the terms, Columbia Asia shall purchase more than 1ha from NMPSB for a total consideration if RM4.818mil.

Wan Abdullah said the project was to be carried out in view of the tremendous potential and growth prospects of Iskandar Malaysia (formerly known as Iskandar Development Region).

“Afiat Healthpark is intended to meet the under-served healthcare needs of the community in Nusajaya.

“We are confident that the hospital will cater to demand for better healthcare services and facilities,” he said.

The hospital will be part of the first phase of Afiat Healthpark, which will include a private specialist clinic and health-screening centre.

The second phase will comprise a dialysis and rehabilitation centre, a nursing college and a traditional and complementary medicine academy.

Afiat Healthpark is located on the northern part of Nusajaya, which houses Johor's new administrative centre.

Other developments in the area are Puteri Harbour (a waterfront precinct), an education city, an international destination resort with theme parks, and residential and commercial blocks.

101,638 Posts
Healthpark to complement Nusajaya development
Tuesday April 14, 2009

An artist's impression of the Afiat Healthpark @ Nusajaya complex

JOHOR BARU: Property developer UEM Land Bhd wants to position its Afiat Healthpark @ Nusajaya as a holistic and fully-integrated development with all the components of a world-class healthcare centre, said managing director and chief executive officer Wan Abdullah Wan Ibrahim.

Facilities in the park would cover three distinctive areas, namely modern medicine, traditional and complementary medicine and wellness, he said.

“We also anticipate an increase in public demand for better healthcare services and facilities within Nusajaya in the future,” Wan Abdullah told StarBiz in an interview.

He added that as the master developer of Nusajaya with an area of almost 9,662ha of development-ready freehold land, it was vital for the company to make the area thrive.

UEM Land could not just build houses in Nusajaya without any supporting facilities such as education, business, health and leisure, if it wanted to attract local and foreign investors, he added.

Nusajaya is one of the five flagship development zones in Iskandar Malaysia.

The other zones are JB City Centre, Western Gate Development, Eastern Gate Development and Senai-Skudai.

Located on 27.51ha, Afiat Healthpark @ Nusajaya is a dedicated park with facilities such as private specialist clinics, a private hospital, a health-screening centre/outpatient clinic, dialysis centres and even a traditional chinese medicine (TCM) academy as well as a nursing college.

“We have succeeded in getting modern medicines via Columbia Asia (Sdn Bhd) with its 80-bed hospital scheduled for opening in 2010,’’ Wan Abdullah said.

Last April, Columbia Asia bought 1.09ha in Nusajaya from UEM Land’s subsidiary Nusajaya Medical Park Sdn Bhd to set up the hospital.

UEM Land is currently talking with several operators, including from China and India, to set up TCM facilities at the healthpark.

A public-listed company has also shown interest to set up a retirement village for wealthy senior citizens similar to the one in Florida, United States, according to Wan Abdullah.

“We are not so much looking for medical tourism per say as the role comes under Khazanah or IIB; we only build the facilities and lease them to interested parties or healthcare operators,’’ he said.

101,638 Posts
Bintulu, Sarawak State
Originally Posted by mraz8146

Medical centre may be operational by Sept
Thursday, April 23, 2009

BINTULU: Columbia Asia, an international healthcare provider will open its sixth hospital in Malaysia at a cost of around RM10 million (land and building) at Jalan Tanjong Kidurong here.

The medical centre, to be built on a 2-acre site, is a joint-venture project of Bintulu Development Authority and Assar Services Sdn Bhd with a 40 and 60 per cent share each respectively.

According to BDA general manager Mohidin Ishak the building was nearing completion – it would be completed by end of this month, and would be handed over to the operator (Columbia Asia) in June.

“Hopefully the medical centre will be fully operational by September,” Mohidin told a press conference after a meeting with representatives of Assar at BDA headquarters here yesterday.

Mohidin said he was glad to see Bintulu now moving another step forward in providing quality private medical facilities to complement what the government was providing. This development was in line with Bintulu’s expansion as more major heavy industries are set to come in.

“This is the first major project being implemented in the Kidurong district centre for a long time, and hopefully it is a catalyst to attract more development in the area,” Mohidin said.

Assar Services Sdn Bhd managing director Ghazali Ismail said the RM10 million spent in phase one of the project included cost of land. On completion, the medical centre built on a boutique concept would have 19 beds and a children’s ward.

Ghazali, who is also Permodalan Assar Sdn Bhd general manager, said the building of the medical centre was one of their contributions to the state government in providing basic medical facilities for the people here, which was fast becoming a vibrant industrial centre.

He added that with Sarawak Corridor of Renewable Energy (SCORE) underway, this private medical centre was most fitting for Bintulu, which wanted to achieve a Friendly Industrial City status by 2020.

Ghazali also said that Columbia Asia itself would furnish the centre with the necessary facilities and equipment while most of the personnel had been recruited, who were now undergoing familiarisation works.

Columbia Asia’s other branches in the country are in Taiping Perak, Puchong Selangor, Seremban Negeri Sembilan, Shah Alam Selangor, and Miri.

101,638 Posts
Columbia Asia gets RM70m loan
by keith hiew

From left: Bank Muamalat Bhd chief executive Datuk Abdul Manap Abd Wahab
and Columbia Asia Group of Companies Sdn Bhd managing director Richard
Evans exchanging documents at the signing ceremony of the RM70mil Club
Deal Al-Istisna Facility on Thursday.

KUALA LUMPUR: Columbia Asia Group of Companies Sdn Bhd has signed a RM70mil financing deal with Bank Muamalat Malaysia Bhd and Bank Kerjasama Rakyat Malaysia Bhd for three of its hospitals.

Columbia Asia said the hospitals - in Taiping, Kota Damansara and Nusajaya - would cost about RM45mil each.

Its managing director Richard Evans told a press conference after the signing ceremony yesterday the Taiping and the Kota Damansara hospitals would be completed by next year while the one in Nusajaya was slated for a 2009 completion.

“We would be looking for extra funding for these hospitals which have a total cost of about RM135mil, but we intend to get the buildings up first. Then we will take things one step at a time,” Evans said.

He said Columbia Asia had one medical centre each in Seremban, Miri and Shah Alam, with a fourth slated to open later this year in Puchong.

The group intends to build three more hospices this year in the Klang Valley.

About 65% of Columbia Asia's hospital revenue last year was from insurance companies and employers, Evans said, adding that more Malaysians were getting medically insured.

He added that when the group opened its first hospital in Seremban seven years ago, the expenses of less than 10% of its patients were paid by insurance companies.

The Employees' Provident Fund owns 30% of Columbia Asia, and the group also has centres in India, Indonesia and Vietnam.

Bank Muamalat chief executive Datuk Abdul Manap Abd Wahab said the loan carried a pay back tenure of seven years.

101,638 Posts
Columbia Asia to spend RM1.5b on hospitals
Published: 2010/03/16

REGIONAL healthcare provider Columbia Asia Group of Companies will spend about RM1.5 billion to build 15 new hospitals in the region.

Vice president, treasury services, Kahar Mohamed, said it would include the three hospitals in Malaysia that were still under development.

"These hospitals are in various stages of development. We estimated the cost to be around RM68 million and RM70 million to build a hospital," he told reporters after the syndicated financing agreement signing ceremony in Kuala Lumpur today.

Columbia Asia Sdn Bhd today secured RM250 million in syndicated funding based on the Islamic principle of Ijarah Muntahiah Bitamlik from Bank Muamalat Malaysia Bhd and Bank Kerjasama Rakyat Malaysia Bhd.

It will be used to finance its three existing hospitals and another three which are in various stages of development in Malaysia.

The three existing hospitals are in Puchong, Taiping and Nusajaya while another three -- Bukit Rimau, Balakong and Setapak - are still under construction and scheduled to be opened from July this year to early next year.

He said Columbia Asia was eying suburban areas to build the hospitals in order to reach out to the average citizens.

"The increasing demand for affordable healthcare services across Asia has resulted in a substantial increase in the number of people who are medically insured by employers and insurance companies," Kahar said.

Beside Malaysia, Columbia Asia also operates in India, Vietnam, Sri Lanka and Indonesia with 16 hospitals already in operation.

Incorporated in 1996, Columbia Asia Sdn Bhd is 70 per cent held by Columbia Asia Group of Companies, and the balance by the Employees Provident Fund.

The local entity owns the Malaysian and Indonesian hospitals and gets a fee for operating Columbia Asia hospitals in Vietnam and India.

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