Shenzhen China Merchants - Lippo Prince Bay Hospital

The upcoming Prince Bay Hospital is expected to have more than 200 beds serving the local community and is set to benefit from the growth of the medical tourism industry in the Guangdong Hong Kong-Macao Greater Bay Area (the “Greater Bay Area”). The Prince Bay Hospital is expected to be commissioned by 2024.

Shekou, where the Prince Bay Hospital is located, is nestled at the southern tip of Nanshan, with Hong Kong just across the Shenzhen Bay. In 2015, Shekou was designated as a Free Trade Zone by the Chinese government. The vibrant commercial area is home to many Fortune 500 Chinese companies that are attracted to its connectivity, location and growth potential.

CM Lippo has entered into an agreement with the Chinese University of Hong Kong (“CUHK”) to provide consultancy services for the operation of an International Medical Centre (“IMC”) within the Prince Bay Hospital. CUHK will also facilitate the credentialing and training of healthcare professionals working in IMC, as well as setting up a green channel for cross border referrals to top hospitals in Hong Kong within the network of CUHK and its affiliated hospitals.