Healthcare industry to maintain stable growth

Kenanga Investment Bank Bhd has maintained its "neutral" rating on the healthcare industry, saying it will enjoy stable growth on growing healthcare expenditure, rising medical insurance and ageing population demographics. The allocation of RM22.1 billion for the sector will be channelled to programmes and projects, including the construction of Hospital Tanjung Karang and additional blocks for Hospital Jeli, as well as the upgrading of Hospital Kuala Lipis and 30 rural clinics.

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