New Zealand eyes healthcare technology tie-ups with Malaysia
WELLINGTON: New Zealand sees potential for bilateral cooperation with Malaysia in health technology, said its Trade Commissioner to Malaysia and Brunei Simon Hearsey.
Malaysia’s healthcare segment is expected to contribute RM50.5 billion to gross national income by 2020, as outlined by the Economic Transformation Programme.
“Like many countries across the region, Malaysia is faced with changing patient needs caused by an ageing population and the growing prevalence of chronic disease,” said Hearsey at the Association of Private Hospitals Malaysia International Healthcare Conference and Exhibition recently.
“The healthcare sector is looking for smart technology solutions to create greater value for both the providers and patients, and we believe we can contribute to that with our healthcare tech.”
Hearsey said seven health technology firms were represented at the exhibition, believed to be the highest number of participation from the sector.
These firms have expertise on how health technology can improve efficiency, enhance patient services and reduce costs. They participated in match-making with local companies.
Hearsey said Malaysia woud always be an attractive investment destination for New Zealand firms looking to strengthen their footprint across Southeast Asia.
He said besides strategic location within the region, Malaysia had all the right “ingredients” for an ideal investment destination, including transparent policies and regulations, and ease of doing business. “Malaysia has a young workforce eager to participate and contribute to the economy.”