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Kimia Farma to acquire three hospitals to target BPJS customers
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A customer purchases products at a Kimia Farma drugstore. (Tribunnews/Tribunnews)
State-owned pharmaceutical company PT Kimia Farma plans to acquire three hospitals to diversify its businesses.
The three hospitals are located in Jakarta, West Java and East Java.
“We are targeting BPJS [Health Care and Social Security Agency] participants. In 2019, the health insurance will cover all levels of society. It means we have to be prepared to serve 270 million people,” said Kimia Farma president director Honesti Basyir in Jakarta on Thursday as reported by kontan.co.id.
She said the company had prepared between Rp 500 billion (US$36 million) and Rp 600 billion for the hospital acquisition.
She expressed the hope that the hospital acquisition would boost the performance of the company, which had prepared Rp 3.5 trillion in capital expenditure (capex) this year.
From the capex, the company plans to spend Rp 1.2 trillion for the expansion of its core businesses by constructing factories in Banjaran and Cikarang, West Java, while the remaining funds will be used for other acquisitions, she added.
The company also plans this year to acquire pharmaceutical factories and establish 200 drugstores, said Honesti, adding that 10 drugstores had been acquired as of March.
Kimia Farma is also preparing to develop pharmaceutical factories in Saudi Arabia in cooperation with local company Bin Mahfouz Group.
She declined to mention the investment for its factory in Saudi Arabia. (bbn)
