The new Myanmar's government is to suspend a leasing of a prime location in Yangon to a foreign private healthcare group, after widespread protests from the medical establishment. A Malaysian healthcare group IHH, had planned to build a 250-bedprivate facility and invest 70 million dollars in the area, but the land plot is finally reserved for the further extension of Yangon General Hospital. Solidiance highlights that since 2011, the country’s greater openness to investment has spurred strong economic growth, with the healthcare sector alone growing from 704 million dollars in 2010 to 2 billion dollars in the fiscal year to March 2016.

Source: http://www.nationmultimedia.com/detail/breakingnews/30285786

Download the article (PDF)