IHG and Tianma Corporation agree joint venture
22 Dec 2014
DECEMBER 2014: China- IHG and Tianma Corporation agree joint venture for the development of a new international standard hospital in Shaoxing.
Tianma Corporation is one of the leading companies in Shaoxing. IHG and Tianma have agreed to create a Joint Venture to develop a leading international standard private hospital on its existing site in the city center.
Phase 1 of the project is for IHG to develop a brand, facility and services strategy, business plan and feasibility study which will be completed in the first quarter of 2015.