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Columbia China starts construction on USD150 mn hospital in Jiaxing

 23-Aug-17, Asian American Press

Columbia China, a 50-50 joint venture between Seattle’s Columbia Pacific Management and Singapore investment company Temasek, has started construction on a 500-bed multi-specialty hospital in Zhejiang Province.

Columbia China starts construction on USD150 mn hospital in Jiaxing (c) Columbia China

Image: Columbia China

Columbia China broke ground on the Columbia Jiaxing Hospital eight months after acquiring the land for the project that is set to open in 2019. The USD150 mn (RMB1 bn) facility is Columbia China’s second greenfield hospital along with Shanghai Kaiyuan Orthopedic Hospital (232 beds), two multi-specialty clinics, and three senior living facilities in Shanghai and Beijing. 

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