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Wanda to invest 15b yuan in hospitals
Published Wed, Jan 6, 2016 · 09:50 PM
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Shanghai
CHINA'S Wanda Group will invest 15 billion yuan (S$3.3 billion) in hospital developments around the country, the property and investment firm said in a statement on Wednesday, tapping into a reform drive to give private firms a larger role in healthcare.
The deal will see Wanda invest in and build three hospitals in the major cities of Shanghai, Chengdu and Qingdao, which will be managed by British-based healthcare operator Internati…
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