KBZ, Shwe Than Lwin (Skynet) jointly establish K1 bln fund for Inya Lake COVID Centre

KBZ Bank and Shwe Than Lwin Skynet have announced recently that they have jointly contributed fund for turning the Yangon Convention Centre-YCC to Inya Lake COVID Centre which will receive and give treatment to patients. The two companies established K1 billion fund for building the Inya Lake COVID Centre which will have 559-beds capacity including a high-dependency unit with 16 beds for emergency patients. The move came under the directives of the Yangon Region Government and the Ministry of Health and Sports.


KBZ Bank contributed K700 million while Shwe Than Lwin (Skynet) K300 million to the initial fund while Yangon Convention Centre Company has allowed the YCC building as a COVID Centre in the fight against the global pandemic. Under the arrangements of medical experts, the medical centre is expected to complete in 10 days. If necessary, the centre’s capacity can be expanded to 1,000-beds capacity, according to the announcement.


Arrangements would be made for making necessary medicines which would be required at the centre available and food at the centre. Besides, separate facilities for medical experts, doctors and volunteers would be affiliated with the hospital. — Ko Kyaw