Arabian Business | Nov 8, 2009
By Ayesha Khanna and Jaime Fitzgerald
The global recession has negatively impacted transshipping, tourism and real estate in Dubai, three of its primary economic sectors. To counter skepticism about its future, Dubai has been touting the Dubai Health Care City (DHCC) whose Phase I is going to be completed in 2010 as the world’s new center of medical tourism and an emerging pillar of the Emirates’ economy. Indeed, given that medical tourism is a multi-billion dollar booming industry with 2-3 million patients seeking treatment in foreign countries annually, Dubai seems to be in the right place at the right time. But medical tourism is now an increasingly competitive marketplace, with Singapore, Thailand and India leading the way among a group of over 35 countries that cater to international patients. Several of these competitors are in the Middle East region itself with both Jordan and Lebanon being top contenders, and Abu Dhabi close behind Dubai in developing its healthcare offerings.
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