chapter 6 - Malaysia Productivity Corporation ( MPC)
chapter 6 - Malaysia Productivity Corporation ( MPC)
chapter 6 - Malaysia Productivity Corporation ( MPC)
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uilding <strong>Malaysia</strong>’s own brand names in terms of<br />
special niche area that has not yet been offered<br />
by other health tourism suppliers. New markets<br />
for health tourism currently targeted by private<br />
hospitals are Vietnam and Cambodia.<br />
Secondly, is the liberalisation of the services to<br />
fulfill the industry needs especially in terms of<br />
promotion. Certain deregulations are needed to<br />
ensure the competitiveness of local health tourism.<br />
For example, regulation on prohibiting healthcare<br />
advertising might need to be revised because<br />
information on types of services and prices are<br />
important for promotion.<br />
Brand trust is the most important factor affecting<br />
loyalty and leveraging the relationship from<br />
service quality and value of loyalty. The healthcare<br />
providers should devote more efforts and resources<br />
to develop strong branding because important<br />
promoting mechanisms for health tourism are<br />
word-of-mouth and peer review/internet reviews.<br />
A concerted effort is needed in empowering local<br />
healthcare providers especially to produce the best<br />
health tourism services. Currently there are eight<br />
hospitals and clinical laboratories which had been<br />
accredited by Joint Commission International (JCI).<br />
To be JCI accredited, the hospitals must subscribe to<br />
high level of clinical and service excellence. Hence,<br />
the services should take the initiative to have<br />
more healthcare providers to be internationally<br />
accredited.<br />
Apart but related to health tourism is the market<br />
for herbal and traditional treatment that can be<br />
further explored by local companies. <strong>Malaysia</strong> has<br />
strong potential to become herbal and traditional<br />
treatment hub for the region. There are several<br />
brands already in the market but these brands need<br />
CHAPTER 6<br />
further promotion as strong branding is important<br />
in order to attain recognition in the international<br />
market. The herbal industry is still lacking in<br />
terms of technology, research and development<br />
effort, intellectual property protection, clinical<br />
documentations and standardised accreditation.<br />
The Government through ETP has recognised and<br />
highlighted the importance of ICT in providing<br />
better healthcare services. A longer term plan<br />
for healthcare services is the outsourcing of<br />
medical diagnostic through telemedicine which<br />
requires improvement in ICT infrastructures of the<br />
providers. <strong>Malaysia</strong> has the potential to be a leader<br />
in providing telemedicine services given that<br />
proper ICT investment is in place.<br />
CONSTRUCTION SERVICES<br />
Overview<br />
Construction will be one of the key drivers of<br />
economic development under the Tenth <strong>Malaysia</strong><br />
Plan (10 MP) as the world economy experiences<br />
a major slow down. The ETP launched in 2010 has<br />
identified 12 NKEAs, as drivers of future growth. The<br />
Greater Kuala Lumpur/Klang Valley is one of the<br />
NKEAs which is targeted to achieve a 6% growth<br />
for the construction sector.<br />
The construction sector recorded a GDP growth<br />
of 3.5% amounting to RM18.856 billion in 2011<br />
(Figure 6.19). For the three construction subsectors,<br />
namely, residential, non-residential and<br />
civil engineering as well as the non-residential<br />
accounted for most of the growth during the period<br />
2007-2011 (Figure 6.20). Based on 2011 data, the<br />
previous year 2010 appeared to be the bottoming<br />
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