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IHG’s Second Medical Mall Project in China in Guangzhou International Medical Port will be the First Medical Mall in Guangdong, Hong Kong & Macao Greater Bay Area

25 May 2018

Guangzhou International Medical Port and International Hospitals Group (IHG) have officially entered into a new strategic cooperation after the conclusion of the signing ceremony on May 18th 2018 at the Liby Center to celebrate the official launch of the Guangzhou Medical Mall Project.

Chen Zexin, Director and Deputy General Manager of Guangzhou International Medical Port, Ltd. (hereinafter referred to as "Guangzhou International Medical Port"), and Adam Williams, Vice Chairman President of the International Hospitals Group (hereinafter referred to as "IHG"), has official signed a strategic cooperation agreement witnessed by the British Consulate General in Guangzhou, the Guangdong Provincial Consul, the Guangzhou municipal Health Planning commission, the Commerce commission leaders and representative from the Li Wan district government along with the joint witness of representatives from both enterprises.

The successful signing of this strategic cooperation establishes the first Medical Mall project in Guangdong, Hong Kong & Marco Greater Bay Area. This is also the second Medical Mall project of that IHG is supporting in China.
Guangzhou Liby Enterprise Group Co., Ltd. (hereinafter referred to as Liby Group) Chen Kai Chairman of the Guangzhou International Medicine port said "As the first Medical Mall project in Guangdong, Hong Kong, Macao and Macau, we will be committed to integrating the international high-end, high-quality medical health resources, improve the utilization of medical resources efficiency, while on the other hand also exploring the different aspects of "Internet+ Pharmaceutical Trade + Medical Services" in order to create an innovative medical business model, this will cause Guangdong, Hong Kong & Marco Greater Bay Area to be able to provide the world's best standards of medical and health services which will further improve health care standards and services in Guangdong province."

Adam Williams, Vice Chairman of IHG China, said: “This joint cooperation with China's leading daily use chemical manufacture Liby group will be the first important strategic foundation of IHG in the southern China region. IHG will provide the full range of services to facilitate this project, from early strategic planning to the medium-term project management (design and construction) and also the day-to-day management and operation of the Project upon the completion of the construction and hand-over of the Medical Mall. IHG vast experiences in the area of international medical, resources allocation and service management, will definitely produce a first-class state of the art healthcare facility.” He went on to say that he believes that the project will achieve a great success in the future with the efforts and support of both parties, alongside local governments.

An official source in the medical industry stated that the Guangzhou International Medical Port is positioned to be the future international Smart Healthcare City of China and the "One Belt One Road" international healthcare industry platform, gateway and hub, both in terms of geographical location and resource allocation matching have many advantages in Guangdong, Hong Kong & Marco Greater Bay Area.

The Medical Mall project of Guangzhou International Medical Port will further strengthen the Li Wan District healthcare industry, while at the same time accelerating international medical industry projects for Guangzhou, which will greatly enhance the strength of Li wan District and the Guangzhou healthcare industry.

The total investment of the Medical Mall project carried out by Guangzhou International Medical Port and IHG is expected to be around one billion Yuan, the first investment phrase is expected to be around five hundred million Yuan, the total operating scale of the project is around 30,000 square meters, after the construction process is completed a more convenient "one-stop" medical services facility will be able to service the needs of people of Guangdong, Hong Kong & Macao Greater Bay Area, and promote higher level of international healthcare services to all citizens.

According to 2025 financial healthcare forecast, Guangzhou Healthcare industry is expected to exceed one trillion yuan, the healthcare industry will become another important pillar of Guangzhou. Guangzhou International Medical Port will create a new medical mall as a benchmark of quality and excellence for the Guangdong, Hong Kong & Marco Greater Bay Area while also facilitating Guangzhou's strategic emerging industries and improving  its overall economic development.

Guangzhou International Medical Port is located in the Guangzhou White Goose Pool of the Pearl River, covering an area of 73 hectares. The total construction area is 1.5 million square meters, with total investment expected to exceed 20 billion. The port project is one of the key thirteenth Five-Year Plan projects in Guangzhou and one of the key development projects in Guangdong province 2018, which was led by Guangzhou Liby Enterprise Group Co Ltd which is a leader in daily use chemical manufacture. Guangzhou International Medical Port was positioned as an international Smart Healthcare City of Guangdong, Hong Kong & Macao Greater Bay Area and the "One Belt One Road" international healthcare industry platform, gateway and hub. Guangzhou International Medical Port is expected to create a more than 100 billion-yuan in the healthcare industry and as an eco-society for the healthcare industry, will strive to become the leading brand of the “big health” industry.