May 13, 2016

Myanmar parliament calls for halt to Parkway hospital project in Yangon

The US$70-million, 250-bed hospital broke ground in January this year, and was to be developed and operated by a joint venture consortium comprising majority shareholder Parkway Healthcare Indo-China.

Politicians in Myanmar’s lower house called for a stop on Thursday (May 12)  to the Parkway Yangon Hospital project.

The new hospital, costing US$70 million, was to provide a 250-bed private medical facility in downtown Yangon.

The previous government had approved the project, saying it would improve the healthcare standards and services to the Myanmar citizens, but the decision was reversed by the Lower House. (Courtesy of channelnewsasia.com)

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