, Singapore

ECON Healthcare opens first nursing home in China

The new nursing home has a 44-bed capacity.

ECON Healthcare Group has opened its first nursing home in China, in line with its overseas expansion plan.

The nursing home with a land area of 3,000 square metres, housed within a 4-storey development, has a 44-bed capacity. It is located at Jiefangbei, Chongqing in China.

“This marks the beginning of our expansion into China. Despite the pandemic situation, our overseas growth plans continue to move ahead and we are very proud to bring the ‘Made-in-Singapore’ brand to overseas,” Ong Chu Poh, Executive Chairman and Group CEO, said.

The ECON Medicare Centre and Nursing Home – Chongqing is the first project under ECON’s joint venture with Chongqing Cuangda Balingbang Eldercare Industry. ECON holds a 60% stake in the joint venture.

Their second project, expected to operate next year, will have a 280-bed capacity. It will stand at Changshou, another district in Chongqing.

Chongqing is home to about 7 million seniors over the age of 60. The homes, ECON said, are expected to elevate nursing homes in China.

ECON added it will bring its “SMART” home concept for a more enhanced experience, in terms of convenience, security, and care.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.