March 16, 2009 Monday
Updated
March 16, 2009
16 firms head to Qatar
Singapore enjoys an excellent reputation as a 'premier healthcare destination' and is highly-regarded by Middle East patients, said IE Singapore. -- PHOTO: AP
SIXTEEN Singapore organisations are heading to Qatar to explore business opportunities in the Gulf state's healthcare sector.

The 25-member delegation will be in Qatar from Monday to Thursday, said International Enterprise Singapore (IE Singapore), which expects healthcare demand in the Gulf Cooperation Council (GCC) region to rise by 240 per cent over the next 20 years.

'We see opportunities for Singapore companies in infrastructure development of healthcare facilities, healthcare related ICT solutions, and even healthcare insurers,' said Mr Lim Ban Hoe, Regional Director of IE Singapore's International Operations in the Middle East and Africa.

'Coupled with Singapore's reputation for our medical excellence, there is strong potential for partnership between Singapore healthcare players and Qatari healthcare companies and institutions.'

Singapore enjoys an excellent reputation as a 'premier healthcare destination' and is highly-regarded by Middle East patients, said IE Singapore.

The delegation, which comprises both private and public sector entities, arrives in Doha less than two weeks after the signing of the Memorandum of Understanding (MOU) between the Qatar Ministry of Public Health and Singapore's Ministry of Health.

In 2008, bilateral trade between Singapore and Qatar amounted to $11.3 billion, a growth of 68 per cent from the previous year. Qatar is Singapore's third largest trading partner from the Middle East, after Saudi Arabia and the United Arab Emirates.

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