Mayapada Healthcare, through its parent company PT Sejahteraraya Anugrahjaya Tbk (SRAJ), has announced a massive capital expenditure (capex) plan worth IDR 1.5–2 trillion ($127 million). The investment will fund the construction of Mayapada Apollo Batam International Hospital (MABIH), an international-class healthcare facility aimed at enhancing medical services in Indonesia.

Chairman & Group CEO of Mayapada Healthcare, Jonathan Tahir, confirmed that the company would finance the entire project internally. This initiative aligns with Indonesia’s long-term vision of a healthier and more productive society by 2045.

Strong Growth Prospects for Mayapada Healthcare

Mayapada Healthcare aims to achieve a 30% top-line growth, capitalizing on increasing public awareness of healthcare services post-pandemic. Tahir expressed confidence in reaching this target, citing favorable market conditions and growing demand for quality medical services.

"Public awareness of health has significantly improved. As a developing country, Indonesia’s healthcare spending will naturally rise," Tahir stated. He believes that the healthcare industry holds great potential, making it an attractive sector for investment.

Challenges and Competition in Indonesia’s Healthcare Industry

Despite its promising prospects, Mayapada Healthcare acknowledges the challenges in the industry. As healthcare demand increases, competition among service providers is becoming more intense. Tahir emphasized the need for strategic positioning to maintain a competitive edge.

"The healthcare industry is becoming more competitive. We must be prepared to adapt and ensure we offer the best medical services to stay ahead," he added.

Mayapada Healthcare’s expansion reflects a broader trend in Indonesia’s growing private healthcare sector. By investing heavily in state-of-the-art facilities, the company aims to reduce the need for Indonesians to seek medical treatment abroad, ensuring high-quality services are available domestically.

As Indonesia continues to develop its healthcare infrastructure, Mayapada Healthcare's investment will likely play a key role in shaping the future of medical services in the country.