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IHH Healthcare breaks ground for Gleneagles Shanghai Hospital

Michelle Zhu Published on Fri, Jun 09, 2017 / 3:20 PM GMT+8

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SINGAPORE (June 9): IHH Healthcare, together with its strategic partner Taikang Insurance Group and joint venture (JV) partner Shanghai Hongxin Medical Investment Holding, today broke ground for Gleneagles Shanghai Hospital.

Gleneagles Shanghai, a 450-bed multi-specialty general hospital in the Shanghai New Hongqiao International Medical Center (NHQIMC), is slated to open in 2020 and will be built on a 35,754 sq m site acquired on a leasehold basis for 50 years.

It is expected to require RMB1.36 billion ($280 million) in capital expenditure.