Property News · December 29, 2016

Shenzhen government, Vanke team up on first public-private partnership senior living project


Shenzhen, China’s third largest city, is teaming up with the country’s largest homebuilder to jointly develop its first-ever public-private partnership senior living community project, as part of the city’s reforms aimed at addressing a shortage of health care facilities.
China Vanke, the Shenzhen-based developer with annual sales surpassing 200 billion yuan, said it won the PPP contract after fierce competition among bidders this week.
“Elderly care is a very serious…

Source : South China Morning Post
Read more…Shenzhen government, Vanke team up on first public-private partnership senior living project

You may also like...