KUALA LUMPUR: Sunway Healthcare Holdings Bhd and Putrajaya Holdings Sdn Bhd have formalised a 60:40 joint venture to develop a 325-bed multi-specialty private hospital in Putrajaya.
Construction is targeted to begin in the fourth quarter of next year.
The proposed Sunway Medical Centre Putrajaya, which will offer tertiary healthcare and specialist services, is expected to be completed in 2031, subject to the relevant approvals and project timelines.
Their respective wholly-owned subsidiaries Sunway Healthcare Ventures Sdn Bhd and Tapak Senja Sdn Bhd signed the definitive joint venture and shareholders agreement, following a heads of agreement signed on April 23, 2025.
