In March 2018, Provectus Care, Greenland Hong Kong and Shanghai International Medical Centre (SIMC) entered into a joint venture agreement to develop and operate a dementia specific care centre in Shanghai’s premier medical zone.
Greenland Hong Kong is part of the Greenland Holdings Group – a state backed entity with presence in over 100 cities globally. It has been recognised as the No 1 Chinese property developer by Fortune Global 500 and brings to this partnership, property construction and development skills and the connections to identify future potential sites.
SIMC is a top modern comprehensive medical provider in Shanghai, and brings to the partnership, its expertise in medical management and services. It also owns the property being used as the Dementia Facility.
Provectus Care adds to this partnership by consulting and managing the clinical and care standards to ensure that the internationally acclaimed Australian standards in both the accommodation and care standards are being implemented.