The largest domestic medical investment, Wanda 15 billion to build 3 international hospitals

Release date: 2016-01-07

On the 6th, Wanda Group and the International Hospitals Group Limited (IHG) signed a cooperation agreement in Beijing. Wanda will invest a total of 15 billion yuan to build three comprehensive international hospitals in Shanghai, Chengdu and Qingdao. It is operated and managed by IHG and uses the IHG brand (Chinese name is “Yingci Wanda International Hospital”). This is the largest investment by Chinese companies in the medical industry and is the first time IHG has operated a hospital in China.

IHG is the world's leading international medical group. Founded in 1978 and headquartered in the UK, IHG has managed more than 450 medical projects in more than 50 countries around the world, including 22 national governments, the United Nations, the World Bank and a global high-end customer base.

The three comprehensive international hospitals invested by Wanda have achieved world-class hardware, medical and operational standards. Shanghai Yingci Wanda International Hospital has 1,000 beds and an investment of 8 billion yuan; Chengdu Yingci Wanda International Hospital has 500 beds and an investment of 5 billion yuan; Qingdao Yingci Wanda International Hospital has 200 beds and an investment of 2 billion yuan. All three hospitals are designed and built according to international top standards. IHG will ensure that the operations of the three hospitals are certified by international medical institutions such as JCI (International Medical and Health Organization Accreditation Joint Commission).

Qingdao Yingci Wanda International Hospital is located in the shadow city of Qingdao, East China. It has started construction and is scheduled to open in July 2018. Chengdu Yingci Wanda International Hospital is located in the central business district of Qinhuangsi, Tianfu New District, covering an area of ​​500 mu and will start in the first quarter of 2016. Shanghai Yingci Wanda International Hospital will also start construction in 2016. IHG will appoint world-class foreign experts as hospital directors, and equip the hospital with a certain proportion of high-level foreign doctors and professional medical teams to achieve the medical level and operational standards of international high-end hospitals.

Chester King, president of IHG Asia, said that Wanda Group is China's most respected and most powerful private enterprise. Working with Wanda will help IHG quickly enter the booming Chinese healthcare market. IHG will bring its many years of successful hospital management methods and experience to China, and strive to build a model of international hospitals and contribute to the economic and trade exchanges between China and Britain.

Wanda Group Chairman Wang Jianlin said that the introduction of top-level comprehensive international hospitals is Wanda's innovation in China, not only to meet the needs of high-end people for health care, but also to make the city's medical level reach the international first-class, and promote China's high-end medical level.

Source: China News Network

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