Apollo Hospitals of India Signs MOU for Hospital in China's Hainan Province
June 21, 2016 at 07:35 AM EDT
Apollo Hospitals, a major Indian hospital and clinic operator, signed a MOU to build a hospital with Hainan Ecological Smart City Group. Hainan Island, China's southernmost province, is a special economic zone. HESCG will provide land, underwrite construction costs and equip the hospital. Apollo will plan a state-of-the-art hospital, including advanced healthcare IT and telemedicine systems, plus operate it. For Apollo, the Hainan hospital gives the company a China presence, which it intends to expand. More details.... Stock Symbol: (IN: APHS) Share this with colleagues: // //