Representational image.
PHOTO: REUTERS
LAHORE: In order to promote medical tourism and the latest technologies in the health sector, Thailand’s World Medical Central Hospital (WMCH) and Cosmos Health Services (CHS) signed a joint venture to set up 100 acute hospitals across Pakistan.
The World Medical Hospital’s senior management visited Lahore to sign a memorandum of understanding (MoU) with Cosmos Health Services for a first-ever joint venture between a Pakistani and Thai healthcare consortium. The document was mutually signed by the CHS Chief Executive Officer Ashba Kamran and WMCH Chairman Dr Chalerm Harnphanich. A large number of dignitaries, both from Thailand and Pakistan, were also present at the MoU signing ceremony.
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The event was hosted by Cosmos Health Services CEO Ashba Kamran, at Cosmos Health Services’ premises in Lahore.
Bangkok Chain Hospital PCL (BCH) Chairman and CEO Kantaporn Harnphanich gave a very insightful and informative presentation on the healthcare sector in Thailand and shared a brief overview of history and service capacity of The World Medical Hospital and BCH.
Punjab Board of Investment and Trade CEO (PBIT) Jahanzeb Burana congratulated the signatories of the agreement over their collaboration for providing premium healthcare services in Pakistan. He also urged other members of the health industry to follow Cosmos’ lead and build sustaining partnerships in health sector so the healthcare industry can move past the doctor-run administration. He ensured Cosmos Health Services of PBIT’s continued support.
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World Medical Hospital (WMC) is the brand for a new hospital group in the premium tertiary care category by Bangkok Chain Hospital PCL (BCH). BCH is a leading listed hospital company and was placed on Forbes Asia’s 200 best under a billion in 2009. Cosmos Health Services (CHS) is Pakistan’s first premium hospital network that provides personalised healthcare with five-star amenities. Through this joint venture Cosmos and WMC intend to establish 100 acute hospitals and urgent care clinics throughout Pakistan as well as promote medical tourism in the country.
Published in The Express Tribune, December 13th, 2017.
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