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Nanjing Medical To Build Health Care Industrial Park

This article was originally published in PharmAsia News

Executive Summary

Nanjing Medical Company has signed a 20-year real estate and land lease with Nanjing Compressor Co., Ltd. According to the contract, Nanjing Compressor will lease its number one production zone including all buildings, auxiliary equipment, facilities, fittings and land to Nanjing Medical at a total of 229.19 million yuan for the next 20 years. Nanjing Medical is to put in 5.5 million yuan for 55 percent equity of a new management company, which will be set up to oversee construction of the industrial park. With its focus on integrating logistics resources, Nanjing Medical is looking for investors to develop the municipal park into a center for high-end preventive medicine, health care and rehabilitation, business, product R&D and modern logistics. (Click here for more - Chinese Language)
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