KLWC partners OCBC to power healthcare ecosystem
The partnership will enable doctors who intend to purchase, own or lease medical suites and establish their own clinics within KLWC to benefit from specially curated financing, leasing and protection packages offered through the collaboration between KLWC and the OCBC group of companies.
KUALA LUMPUR - KL Wellness City (KLWC) and OCBC Bank (Malaysia) Bhd have formalised a strategic partnership through the signing of a memorandum of understanding (MoU) aimed at advancing integrated healthcare, wellness, lifestyle, protection and financial service initiatives.
The MoU was signed by KLWC Managing Director Datuk Dr Colin Lee and OCBC Chief Executive Officer Tan Chor Sen, reflecting a shared commitment to fostering innovation and cross-sector collaboration within Malaysia’s healthcare ecosystem.
A key component of the collaboration is the introduction of OCBC’s Medipreneur Programme, a specially curated three-in-one financial, leasing and protection solution designed for healthcare professionals, including purchasers of Medical Suites at The Nobel Healthcare Park within KLWC.
The partnership will enable doctors who intend to purchase, own or lease medical suites and establish their own clinics within KLWC to benefit from specially curated financing, leasing and protection packages offered through the collaboration between KLWC and the OCBC group of companies.
Lee said the partnership strengthens KLWC’s ecosystem-driven approach by integrating financial enablement into healthcare development.
"This partnership enhances our ability to support healthcare professionals not only in establishing their practices, but also in sustaining and growing them within a comprehensive ecosystem,” he said in his speech at the signing ceremony, here today.
Under the programme, OCBC will provide healthcare professionals with business financing and working capital solutions featuring zero collateral requirements, financing of up to RM300,000, a financing margin up to 100 per cent, approval within 48 hours and financing tenures of up to three years.
Its subsidiary, PAC Lease, will offer financing for medical equipment acquisition, renovation and fit-out requirements of up to RM600,000 without collateral requirements. Additional business solutions include lower initial deposits for business accounts, e-invoicing solutions, and an application programming interface (API).
Meanwhile, Great Eastern will provide insurance solutions covering business operations and medical practitioner malpractice protection, including a 10 per cent rebate on malpractice insurance premiums.
Healthcare professionals will also benefit from an exclusive incorporation package for business set-up, including complimentary one-to-one consultation sessions and promotional support packages.
Under the MoU, both parties will also collaborate on joint engagement initiatives, including curated events, knowledge-sharing sessions and networking platforms for medical professionals.
OCBC will participate in selected programmes through its support team stationed at the KL Wellness City Gallery, providing product briefings and financial advisory sessions.
Meanwhile, Tan said the collaboration aligns with OCBC’s commitment to supporting healthcare professionals through holistic financial solutions and ecosystem partnerships.
He noted that Malaysia’s healthcare sector is expected to continue expanding, driven by demographic changes, rising healthcare awareness and sustained public and private sector investments.
"Healthcare professionals today are not only medical practitioners but also business owners who require practical financial support systems to manage and grow their practices. Through the Medipreneur Programme, we aim to provide integrated solutions that simplify operations and support long-term growth,” he said.
Tan described the collaboration with KLWC as the first strategic partnership under the OCBC Medipreneur Programme and a foundation for future partnerships within the healthcare sector.
KLWC, located in Bukit Jalil, is Southeast Asia’s first purpose-built integrated wellness township spanning 26.5 acres.
The development is anchored by KL International Hospital, a planned tertiary private hospital with approximately 1,000 beds and advanced smart hospital features, alongside The Nobel Healthcare Park, which houses medical, wellness, commercial, business and retail suites that are scheduled for vacant possession this July. - BERNAMA
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