KUALA LUMPUR, Oct 11 — The government will allocate RM25 million to the Malaysian Healthcare Tourism Council (MHTC) in conjunction with the Malaysia Year of Healthcare Travel 2020.
Finance Minister Lim Guan Eng said today during the tabling of Budget 2020 that medical tourism generated RM1.5 billion in revenue last year from 1.2 million health care travellers.
He also noted that medical tourism was a “rapidly expanding” sector here, growing 17 per cent annually from 2015 to 2018.
“The government will allocate RM25 million to the Malaysian Healthcare Tourism Council (MHTC) to strengthen the position of Malaysia as the preferred destination for health tourism in Asean for oncology, cardiology and fertility treatment,” Lim said.