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GROUP TO LEAD NATIONAL INITIATIVE TO PROMOTE EDUCATION, HEALTH AND RESEARCH GROWTH PROJECT TO GENERATE RM1.3 BILLION TO MALAYSIA’S GROSS NATIONAL INCOME


Kuala Lumpur, 13 June, 2011 - The UCSI Group, the parent organisation of UCSI University, is spearheading an initiative to promote the growth of the nation in education, health and research. The Group is developing a 160-acre integrated premium health education township in Bandar Springhill, Negeri Sembilan, including the 1,000-bed UCSI University Hospital, the UCSI International School, the five star UCSI Hotel Springhill and a new campus for UCSI University. The Group is investing RM850 million into the first phase of the project, which is expected to generate a cumulative RM1.3 billion to Malaysia’s Gross National Income by 2020 and create 2,000 jobs by 2015. 

The project, Entry Point Project 14 – the Premium Health Education Cluster (EPP 14), is part of the government’s larger Economic Transformation Programme to transform Malaysia into a high-income nation by 2020. EPP14 is located within the programme’s “Education” National Key Economic Area (NKEA), one of the programme’s 12 areas of focus. 

“My dream has always been to give back to the community as well as support the national economic agenda,” UCSI Group Chairman Dato’ Peter Ng said. “With this development, I’m excited to provide excellent healthcare and educational opportunities for all, as well as promote the country as an international tourism destination. We are proud to be taking a bold step in pioneering the first private teaching hospital in Malaysia. The Economic Transformation Programme allows us to take our original goals and enhance them to maximise the benefits to the country as a whole.” 

The cornerstone of the project will be the first private teaching hospital in Malaysia, the UCSI University Hospital, and will feature Malaysia’s first and only anti-aging, aesthetics and regenerative medicine facility. The hospital will serve as a training facility for the UCSI University Faculty of Medical Sciences and Faculty of Pharmaceutical Sciences to provide medical, nursing and pharmacy students hands-on training using strengthened teaching, learning and monitoring practices. The hospital aims to become a centre of excellence in biomedical research and will focus on cancer, pharmaceutical and regenerative medicine. 

“With a prime location and cost-effective prices, Malaysia is ideally situated to become an international hub for medical tourism offering premium healthcare services,” Dan Snyder, CEO, Designate of the UCSI University Hospital said. “Our hospital, which will be the first private teaching hospital in Malaysia, will feature world class medical facilities, international healthcare experts and cutting edge research. Working with the Economic Transformation Programme has allowed us to streamline our efforts to work more efficiently and get the development up and running as soon as possible." 

In addition to the hospital, the complex will include a new UCSI University campus and the UCSI International School, which will offer the globally-recognised International Baccalaureate catering to ages 3 to 19. The township will also include the new UCSI Hotel Springhill, providing patients, visitors and guests five star accommodation and meeting facilities. 

Phase 1 of the project is slated to be complete by the end of 2012 with expansion plans expected to be completed by 2015. 
 


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