Tokushukai still keen on RP medical facility
By Elaine Ruzul S. Ramos - Manila Standard
Tokushukai Medical Corp. remains interested in investing in the country’s healthcare sector despite earlier problems relating to the lack of an appropriate site for its proposed facility.
Trade and Industry Secretary Peter Favila said Tokushukai chairman Torao Tokuda sought his assistance in finding a suitable location for the proposed medical facility and retirement village during a meeting with major Japanese companies in a roadshow earlier this month.
He said Tokushukai was still keen to put up the facility here as part of the group’s overseas expansion binge.
Tokushukai, which has over 170 hospitals in Japan, had planned to put up a facility at the reclamation land owned by the Public Estates Authority (PEA) along Roxas Boulevard.
“We’ll find out what’s the problem with PEA. I’d like to know what happened why the deal did not push through,” said Favila.
He said the group needs about three hectares for the facility.
“They (Tokushukai) came here because they want to expand overseas. They’re still keen on the Philippines since there a lot of Japanese nationals in the country,” Favila said.
He said because the investment did not push through at that time, Tokushukai has set its sights on other countries such as Bulgaria and Gabon.
“Construction is ongoing for a 1,000-bed facility in Bulgaria and a 500-bed facility in Gabon. Had the investment pushed through at that time, Tokushukai would already have a facility here,” Favila said.
Tokushukai first signified its intention to invest here during the time of former DTI secretary Cesar Purisima.
Apparently, problems relating to the fact that the PEA property is a reclaimed land impeded the deal from pushing through.
The government has offered other locations in the country, such as Alabang in Muntinlupa City, and the Subic Freeport or Clark Special Economic Zone in Central Luzon.
Favila said Tokushukai wanted to put up facility in the capital city initially before putting up additional facilities in other parts of the country when they expand overseas.
Tokushukai Medical Corp. remains interested in investing in the country’s healthcare sector despite earlier problems relating to the lack of an appropriate site for its proposed facility.
Trade and Industry Secretary Peter Favila said Tokushukai chairman Torao Tokuda sought his assistance in finding a suitable location for the proposed medical facility and retirement village during a meeting with major Japanese companies in a roadshow earlier this month.
He said Tokushukai was still keen to put up the facility here as part of the group’s overseas expansion binge.
Tokushukai, which has over 170 hospitals in Japan, had planned to put up a facility at the reclamation land owned by the Public Estates Authority (PEA) along Roxas Boulevard.
“We’ll find out what’s the problem with PEA. I’d like to know what happened why the deal did not push through,” said Favila.
He said the group needs about three hectares for the facility.
“They (Tokushukai) came here because they want to expand overseas. They’re still keen on the Philippines since there a lot of Japanese nationals in the country,” Favila said.
He said because the investment did not push through at that time, Tokushukai has set its sights on other countries such as Bulgaria and Gabon.
“Construction is ongoing for a 1,000-bed facility in Bulgaria and a 500-bed facility in Gabon. Had the investment pushed through at that time, Tokushukai would already have a facility here,” Favila said.
Tokushukai first signified its intention to invest here during the time of former DTI secretary Cesar Purisima.
Apparently, problems relating to the fact that the PEA property is a reclaimed land impeded the deal from pushing through.
The government has offered other locations in the country, such as Alabang in Muntinlupa City, and the Subic Freeport or Clark Special Economic Zone in Central Luzon.
Favila said Tokushukai wanted to put up facility in the capital city initially before putting up additional facilities in other parts of the country when they expand overseas.
posted by OlongapoCity Zambales at
10:30 PM
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