Original disclosure @ IFC website
Updated in EWS Mar 2, 2021
Disclosed by Bank Dec 7, 2020
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According to IFC website, the MiCare is expanding its operations to other countries in Southeast Asia. IFC will provide financing for MiCare’s expansion, particularly for (i) the potential acquisition of TPA providers and greenfield expansion in developing countries in Southeast Asia such as Indonesia and Vietnam; and (ii) capital expenditures and IT infrastructure development in existing countries of operation and target markets for expansion.
At the Project level, expected outcomes include the provision of large-scale, cost-efficient, value-added medical administration services that ultimately contribute to managing healthcare costs and improving health outcomes. This will be achieved through introducing process improvements and leveraging the use of MiCare's proprietary digital tools in new markets. At the market level, IFC anticipates that the Project will enhance competitiveness in the sector through industry consolidation and replication by competitors of improvements and innovations introduced by MiCare.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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MiCare Sdn Bhd
Mr. Moses Hee
Group CEO, MiCare and Senior Vice President, Zuellig Pharma
+65 6708 8188
Block A, No.22, Jalan Astaka U8/84, Seksyen U8, Perindustrian Bukit, Jelutong 40150 Shah Alam, Selan
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