Logo of Phnom Penh Post newspaper Phnom Penh Post - India health sector aims to bring in Cambodian patients

India health sector aims to bring in Cambodian patients

An Indian pharmacist pulls out a box of medicine from a shelf at a drug store in Bangalore.
An Indian pharmacist pulls out a box of medicine from a shelf at a drug store in Bangalore. Manjunath Kiran/AFP

India health sector aims to bring in Cambodian patients

Indian companies in the pharmaceutical and health care sector are seeking to enhance their footprint in the Kingdom by extending beyond pharmaceutical trade through state financing that could establish a direct link to bring Cambodian medical tourists to the subcontinent.

Speaking on the sidelines of the Advantage Healthcare India 2017 – a summit for medical travel held annually in the southern Indian city of Bangalore – Sandeep Majumdar, president of the Indian Chamber of Commerce in Cambodia said that $36 million of last year’s total bilateral trade of $160 million was related to the health care industry.

While health care trade is predominately limited to the import of pharmaceuticals, he said that Cambodia has been identified by the Indian government as a country that has a potential pool of medical tourists.

The state-owned Export-Import Bank of India has already prioritised funding for India health care operators to expand into Cambodia, he added, noting that the demand for quality specialised services in the Kingdom was on the rise.

“Indian hospitals have many specialised services that are not available in Cambodia and that are cheaper than what patients pay in Singapore, Malaysia, Vietnam or Thailand,” he said.

Apollo Hospitals, which launched a representative office in Phnom Penh in August of last year, is currently the only medical tourism operator trying to bring Cambodian patients to India. However, Majumdar added that numerous Cambodians have travelled to India for serious medical procedures like liver and kidney transplants.

Heng Vichet, managing director of Meet Heng Cambodia Ltd, a company that imports pharmaceuticals and medical devices from India, said that Indian drugs are of high quality and more affordable for the consumer.

“The trend of consuming Indian medicines in Cambodia will keep increasing as its quality is becoming more recognised and the price is affordable,” he said, speculating that the pharmaceutical import market in Cambodia had an estimated value of $800 million annually.

MOST VIEWED

  • Hun Sen says Kingdom not a 'satellite country'

    Prime Minister Hun Sen said Cambodia had sent diplomatic notes to various embassies demonstrating its stance and clarifying allegations that the Kingdom is a satellite country of China which will allow it exclusive access to the Ream Naval Base in Preah Sihanouk province. The response

  • Vast Prince Manor fun park opens to much fanfare in Kandal

    Chinese-owned Prince Culture and Development Co Ltd officially launched the $85 million Prince Manor entertainment centre in Kandal province on Wednesday. Prince Manor is located along National Road 1, 20km from the centre of Phnom Penh. It is the first major theme park project in Cambodia and

  • Angkor provides ‘valuable’ water storage

    The Apsara National Authority (ANA) has stored millions of cubic metres of water at reservoirs in the Angkor area after Cambodia experienced a series of rainstorms over the last few days. The storing of the water, besides serving temple conservation, will also be used to

  • Floods prompt evacuations in Kampong Speu

    Rain-induced floods and water flowing from Kampong Speu province have submerged the houses of 1,527 families living close to the Prek Thnot River in Spean Thma, Tien, Kong Noy and Roluos communes in Phnom Penh’s Dangkor district, according to data from local authorities. Spean Thma

  • Serving coffee with a side of robots

    The eye-catching glass building surrounded by greenery at the intersection of Streets 371 and 2002 in Phnom Penh’s Sen Sok district is more than just another coffee shop where you can while away a few hours. UrHobby House cafe is filled with robots and characters from

  • Cintri strike ends, workers’ contracts to be terminated

    CINTRI (Cambodia) Ltd rubbish collectors who have been on strike for the past 13 days agreed to return to work starting Wednesday evening after the company agreed to terminate their contracts at the end of January next year and provide seniority payments and other benefits to