With health concerns growing amongst Indonesia’s increasing
middle class, property groups are also increasingly looking towards the health
care business to boost recurring income.
At present, there are 2,337 hospitals scattered throughout South
East Asia’s most populous nation, of which just over 30% are private hospitals,
as reported by the latest data from the Health Ministry.
Amongst the privately operated are Siloam International
Hospitals, opearted by Lippo Karawaci, one of the major listed property
developers in Indonesia.
Lippo Karawaci has risen to be the country’s largest
private hospital operator following its investments in health care services starting
to pay off.
