Sabang One Stop Service Hospital

Tourism

Sabang One Stop Service Hospital

Property Description

Sabang One Stop Service Hospital is designed to be an integrated facility located in Kota Sabang, Aceh Province. The project serves as a support facility for the Sabang National Strategic Activity Center (PKSN) and the National Tourism Strategic Area (KSPN) of Weh Island.

• Location: The project is located in Desa Ujong Kareung, Kecamatan Sukajaya, Kota Sabang, on a land area of 2.2 Hectares.

• Concept: It is a Type B hospital that integrates inpatient and polyclinic buildings with a "medical tourism" concept, focusing on wellness and healthcare. It is designed to be a "One Stop Service" combining curative, rehabilitative, wellness, aesthetic, and tourism facilities in one area.

Investment and Business Model

The project is a Public-Private Partnership opportunity with the following financial and operational details:

• Total Investment Value: Rp 805.15 Billion.

• Business Scheme:

  • Build, Operate, and Transfer (BOT): Applied to the wellness/healthcare services.

  • Operational Cooperation: Applied to inpatient and polyclinic facilities in collaboration with the local public hospital (BLUD RSUD Kota Sabang).

  • Contract Duration: 30 years.

• Financial Projections:

  • IRR: 14%.

  • NPV: Rp 575.85 Billion.

  • Payback Period: 11 years.

Core Services and Facilities

The hospital aims to provide international standard facilities to capture the medical tourism market while serving local needs.

Medical Specialties:

• Integrated Heart Services.

• Stroke handling.

• Kidney Transplantation.

• Orthopedic Geriatrics.

• IVF (Bayi Tabung).

• Hyperbaric Chamber (supporting diving tourism).

Wellness and Esthetic Services:

• Post-natal stemcell care.

• Slimming programs.

• Nerve Rejuvenating.

• Hand & foot spa and "Tangas".

Strategic Value and Market

The project addresses the lack of hospitals capable of providing premium services in the Sabang Free Trade Zone.

• Target Market: Medical tourists, tourists seeking treatment while vacationing, pure patients, and the local community.

• Market Drivers: There is a high demand for premium services, and the facility is designed as a "destination-based hospital" that does not rely solely on local patients.

• Connectivity: The location is accessible via Maimun Saleh Airport (11 minutes away) and Balohan Port (13 minutes away).

Government Support and Incentives

Investors are offered various fiscal and non-fiscal incentives due to the project's location in a Free Trade Zone and its strategic nature.

Fiscal Incentives:

• Free Trade Zone Benefits: Exemption from import duties, VAT, and Luxury Goods Sales Tax (PPnBM) for goods entering the zone.

• Tax Allowances: Gross income reduction of up to 200% for vocational training costs and up to 300% for R&D costs.

Non-Fiscal Incentives:

• Golden Visa: Investors can receive a 10-year residence permit.

• Licensing: Simplified risk-based licensing via the OSS system.

• Immigration & Customs: Ease of immigration and customs procedures specific to the Sabang Free Trade Zone.

Social and Environmental Impact

• Green Hospital: The facility will be built with a "Green Hospital" concept, utilizing renewable energy (solar panels) and open green spaces to reduce carbon footprints.

• Job Creation: It will create jobs for local health workers, administration, technicians, and hospitality staff.

• Health Access: It reduces the local community's dependence on referrals to Banda Aceh for specialized care.

  Download this IPRO Memo

Market Opportunity

Strategic Value and Market The project addresses the lack of hospitals capable of providing premium services in the Sabang Free Trade Zone. Target Market: Medical tourists, tourists seeking treatment while vacationing, pure patients, and the local community. Market Drivers: There is a high demand for premium services, and the facility is designed as a "destination-based hospital" that does not rely solely on local patients. Connectivity: The location is accessible via Maimun Saleh Airport (11 minutes away) and Balohan Port (13 minutes away).

Financial Estimation

Total Estimate:
Rp. 805.15 Billion IRR/NPV/BEP:
IRR: 14%. NPV: Rp 575.85 Billion. Payback Period: 11 years.