GDB Holdings will construct a personal hospital in Kuala Lumpur, Malaysia
Malaysian firm GDB Holdings has been appointed as the principle contractor for the development of a brand new personal hospital in Bukit Jalil in Kuala Lumpur.
GDB Holdings secured the contract price RM306 million ($64.65 million) by its wholly owned subsidiary Grand Dynamic Builders Sdn Bhd (GDBSB).
KL Worldwide Hospital, a subsidiary of KL Wellness Metropolis, a healthcare and wellness-themed mastertown growth, has been awarded the contract.
As a part of the contract, GDBSB shall be answerable for the design, development, completion and commissioning of the hospital, together with the availability and upkeep of equipment and tools.
The undertaking, which is a part of Kuala Lumpur's Wellness Metropolis initiative, is anticipated to considerably enhance the corporate's order e-book.
With this newest undertaking, GDB's present order e-book has risen to RM475 million, a major enhance from RM169 million as of September 30, 2023.
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The corporate plans to finance the development of the hospital with inside funds and/or potential financial institution loans.
The undertaking will begin on March 16, 2024 and shall be carried out over a interval of the subsequent 25 months.
In line with GDB Holdings, the brand new hospital is envisioned because the centerpiece of KL Wellness Metropolis, aiming to create a hub for healthcare and medical companies, serving each world and home populations.
As soon as open, the power will characteristic Facilities of Excellence in a number of medical specialties, together with spinal well being, cardiology, sports activities drugs, beauty surgical procedure and fertility, amongst others.
GDB Holdings Berhad Group Managing Director Cheah Ham Cheia stated: “We’re happy to have been chosen to undertake the development of the hospital in KL Wellness Metropolis and play a vital function in establishing a landmark constructing on this visionary metropolis .
“The contract marks an vital milestone as we embark on the development of a state-of-the-art hospital whereas enhancing our observe file. Our continued dedication to delivering our tasks with top quality and on time stays steadfast for our prospects.”
The hospital can have Facilities of Excellence in numerous medical specialties corresponding to backbone well being, cardiology and sports activities drugs, amongst others.
