Japanese firm invests $101 mn in Columbia hospital – Feedback

Japanese trading firm Mitsui & Co invested $101 million (Rs 679 crore) in the city-based corporate hospital Columbia Asia, its US-based healthcare promoter announced on Wednesday.

“We will use Mitsui investment to expand our hospital network across Asia, fund development projects and open a multi-specialty clinic at Nairobi in Kenya under Columbia Africa brand,” said the Seattle-based holding firm, Columbia Pacific Management, in a statement here. The investment also makes Mitsui join the Columbia Asia board with two Directors to play a role in its operations. With 27 hospitals and one clinic each in India, Malaysia, Vietnam and Indonesia, Columbia healthcare firm serves Asia’s rapidly-growing middle class with multi-specialty hospitals located close to where patients live and work.


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