Rowsley teams up with Thomson Medical for $1.7b Vantage Bay Healthcare City project

It will be located in Iskandar.

Mainboard-listed Rowsley has inked a Memorandum of Understanding (MOU) with Thomson Medical for a strategic partnership in the RM5 billion ($1.66b) Vantage Bay Healthcare City project in Iskandar.

The two companies will work together to conceptualize and develop the project. In particular, Thomson Medical will advise on the wellness and healthcare aspects of the project.
Thomson Medical will also evaluate opportunities to operate relevant components of the project, either on its own or together with third parties.

Thomson Medical is a leading health care service provider based in Singapore which operates the Thomson Medical Centre as well as a network of specialist clinics and imaging centres.

Vantage Bay Healthcare City, which is a 9.23 hectare site just a kilometre from the Johor Causeway, would comprise a specialist hospital, a community hospital, long-term care facilities, a teaching hospital, a medical school, research and training institutions, a purpose-built urban wellness resort, wellness retail services and other associated facilities.
Rowsley intends to fund the investment through a diverse mix of financing including equity funding from investors.

Also Read

Singaporeans' physical well-being at highest level since 2019

SingHealth partners with OutcomesAI to integrate AI into medical workflows

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit