Aster DM Healthcare and Cayman Islands Government have announced an agreement making the Cayman Islands, Aster’s clinical excellence hub for the Western hemisphere, serving the Caribbean Region, North America, Canada, Latin & South America.

The agreement will see Aster initially develop around 150-bed comprehensive, tertiary and quaternary care hospital, with an opportunity to expand in the future based on need, alongside an assisted living facility and healthcare university in the long-term. The team leading the project hopes to break ground by mid-2021, with the commencement of the Aster Cayman Medcity - phase 1 construction.

Commenting on the agreement by Government, Alden McLaughlin, Premier, Cayman Islands and Minister, Human Resources, Immigration, Community Affairs, International Trade, Investment, Aviation and Maritime Affairs, said, “Aster Cayman Medcity, together with the other healthcare tourism providers on Island, will further put the Cayman Islands in place to become a major regional healthcare hub.”

Speaking on the announcement, Dr Azad Moopen, Founder Chairman and Managing Director, Aster DM Healthcare said, “We see this as an opportunity to de-risk and diversify our portfolio by adding another geography.”

“With Aster’s success story of serving advanced quality and affordable care in all the countries that we have a presence in, we believe that we have a unique positioning which would support the economic growth of Cayman Islands,” said Alisha Moopen, Deputy Managing Director, Aster DM Healthcare.

Image caption- (L-R) The Health Minister, Hon. Dwayne Seymour JP, MP, Minister of Health, Environment, Culture and Housing The Premier, Hon. Alden McLaughlin MBE JP, MP, Premier & Minister for Human Resources, Immigration, Community Affairs, International Trade, Investment, Aviation and Maritime Affairs and Mr Gene Thompson, Project Director, Aster Cayman Medcity