Apollo Hospitals Group and Hainan Ecological Smart City Group (HESCG), a Chinese infrastructure company on Monday signed an MoU to jointly develop an integrated modern health care services facility and systems in Hainan province, where a Smart City is being developed in China's largest special economic zone.
The collaboration with Apollo Hospitals would begin with the development of a state-of-the-art hospital and the colleges and will lead to the development of advanced healthcare IT systems and telemedicine solutions.The MoU is also aimed at expanding the collaboration to other parts of China and also into India with suitable model of collaboration, according to both the groups.
HESCG will provide land, all the investments for the construction, commissioning and equipping the hospital besides all operative expenses, while Apollo Hospitals Group would be responsible for planning and commissioning besides handling the operations and management of the hospital and other related facilities.
The MoU was signed in the presence of Telangana Chief Minister K Chandrashekar Rao, Governor of the Hainan Province Liu Cigui and Apollo Group founder and Chairperson Pratap C Reddy.
The Smart City being built on the island of Hainan will have residential infrastructure for high quality, pollution free community living and the proposed world class hospital with medical, nursing and paramedical colleges would cater to not only the people of the Hainan province but also attract medical tourists from mainland China and other nations, according to a statement.