OUE Lippo Healthcare's joint venture to operate hospital in Shanghai
Nisha Ramchandani
Singapore
OUE Lippo Healthcare's joint venture, China Merchants Lippo Hospital Management Shenzhen (CMLHM), has entered into a framework agreement with China Changjiang National Shipping Group Co and Shanghai Changjiang Shipping Co to incorporate a new joint venture company in China that will operate a hospital in Shanghai.
The Shanghai Changhang Hospital, which is currently managed by Shanghai Changjiang Shipping Co, is located in the Pudong New District area of Shanghai.