IHG/ CREC/ GND sign MOU - China
20 Oct 2014
OCTOBER 2014: China – IHG/ CREC and Guiyang New District Administration (GND) sign MOU to develop 1,000 bed public/ private hospital
GND is a 1,700 square kilometer development designated in 2013 as one of 8 major new special districts in China. There are currently 1 million residents within the GND. In 10 years over 5 million people will live there. In the past year 6 Universities have moved to the GND together with some of the worlds leading companies.
There are currently no existing hospital facilities within the GND. IHG has signed an MOU with the administration of the GND to become their lead partner to develop the total integrated health system for the GND as well as its first major piece of health infrastructure – a 1,000 bed public hospital.
IHG work with its partner, Guzhou China Railway and Engineering Company (CREC) to deliver these projects. CREC is the 6th largest company in China and the worlds largest construction company.
CREC is IHG’s existing JV partner in the Guiyang region of China.