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Major Hospitals may Benefit from a Customs Duty Exemption on Medical Equipment

  • Healthcare Boost Proposal: Finance Adviser Salehuddin Ahmed suggests reducing customs duties on medical equipment imports for referral hospitals and healthcare facilities with 50+ beds to strengthen national healthcare infrastructure.

  • Duty Waiver Plan: The proposal includes waiving the existing 10% customs duty, aiming to lower the cost of setting up or upgrading medical facilities, thus improving healthcare access nationwide.

  • Sector Investment Incentive: This initiative is expected to encourage health sector investments, foster the establishment of larger hospitals, and enhance the availability of advanced medical equipment.

  • Access and Affordability: The duty waiver would reduce operational costs for hospitals, supporting expanded healthcare services, improved patient care, and increased availability of cutting-edge medical technologies.

Source: www.thedailystar.net

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