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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 />

135

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