Raffles Medical Group to open hospital in Shanghai next year

Raffles Medical Group from Singapore has announced that its Shanghai branch, a Sino-foreign joint venture, will open in the first quarter of next year, the latest signal that foreign investment in the local medical care system is gathering pace.

The tertiary hospital with 400 beds in the China (Shanghai) Pilot Free Trade Zone in Pudong New District will be the first large-scale general hospital in the city with Singaporean investment, Loo Choon Yong, executive chairman of Raffles Medical Group, said in an exclusive interview with China Daily on Thursday.

"The Shanghai hospital is a major step toward Raffles' goal of providing international tertiary level medical services to locals and expatriates living in the eastern metropolis and surrounding provinces as well as international patients from the neighboring countries," said Loo.