Local, foreign investors to build hospital in Dong Nai

09:03, 01/03/2013

Dong Nai's government has just issued an investment certificate for this hospital project, located on National Highway 51 in Bien Hoa’s Long Binh Tan ward, said Dong Nai Department of Planning and Investment.

The government of Dong Nai has just issued an investment certificate for this hospital project, located on National Highway 51 in Bien Hoa’s Long Binh Tan Ward, said a source from the Dong Nai Department of Planning and Investment.

The general hospital project called Shink Mark worth US$80 million will be developed by a joint venture between Radiant City Limited Company of the U.S., Shink Mark Company of Taiwan and Tin Nghia Corporation of Vietnam, with their respective stake of 70%, 20% and 10%.

The project will be carried out on an area of more than 8.73 hectares. During the first phase this year and next, 500 hospital beds will be equipped to meet the demand for medical examination and treatment of local people, said the source.

This is one of the few healthcare projects with participation of foreign investors in Dong Nai.

Last month, the province granted Terumo Corporation, a Japanese manufacturer of healthcare products and medical equipment, an investment certificate to build a factory worth nearly US$100 million in Long Duc Industrial Park.

The factory covering ten hectares is set to start operation in the second quarter of 2015, mainly producing blood bags (nine million units per year) and disposable automated blood sampling devices (1.2 million units per year). The targeted markets of the Japanese investor are Southeast Asia, Europe and the U.S.

This will be the second project of Terumo in Vietnam after its US$19.5-million factory in Hanoi.

So far, the country has lured 83 FDI projects in healthcare and social support with total registered capital of over US$1.3 billion.

The two projects mentioned above are the largest foreign direct investment (FDI) projects in Vietnam in the year to date, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Therefore, Dong Nai ranks first in terms of FDI attraction in the first two months.

According to FIA, in the first two months of the year, Dong Nai attracted more than US$214 million of fresh and additional FDI, accounting for 34% of the total FDI. Binh Duong came second with US$134.9 million, or 21.4%, followed by Haiphong with US$118 million.

(Source: SGT)