MCC Urban Investment, a subsidiary of China Metallurgical Group Corporation (MCC) has announced its intention to participate in open tendering and bidding process for People’s Hospital and TCM Hospital in Wuchuan, Guangdong Province. The works include rehabilitation of People’s Hospital and TCM Hospital which provides services of medical treatment, first aid, teaching, scientific research, and preventive healthcare.
The estimated investment for the People's hospital is CNY 1065 million (US$ 153.53 million) and TCM hospital is CNY 249.54 million (US$ 35.97 million). The concession period for both projects is 30 years.
MCC is participating in tendering in consortium with Minmetals Kingdon, a subsidiary of China Minmetals.