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RM500 millions to be invested in halal medical inventory

Saudi-based Al-Jomaih Group plans to invest up to RM500 million in Malaysia’s halal pharmaceutical and healthcare industry. With the growth of halal pharmaceutical and healthcare industry, it is expected that the medical industry in Malaysia would generate RM2bil annually by 2020. The Ministry of Tourism and Culture added that Malaysia attracts 800,000 medical tourist in 2014 from 770,000 in 2013.

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