According to GlobalData, the value of China construction market is forecast to grow by 4.4% in real terms in 2024, having grown by 4.4% in 2023. A key growth market will be the infrastructure market, with output rising by 18.0% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five hospital construction projects that commenced in China in Q1 2024, according to GlobalData’s construction projects database.
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1. Nicheng Pudong Hospital Lingang Campus
The project involves the construction of a 600-bed tertiary general hospital on a GFA of 169,800m2 in Lingang New Area, Shanghai.
Construction work started in Q1 2024 and is expected to be completed in Q4 2026.
The purpose of the project is to provide healthcare facilities in the region.
2. Beijing Anzhen Hospital Hefei Branch
The project involves the construction of a 1,000-bed hospital in the High-Tech Zone of Hefei, Anhui.
Construction work commenced in Q1 2024 and is expected to finish in Q4 2025.
The project aim’s to provide a better health facilities in the region.
3. Zhengzhou Public Health Emergency Treatment Center
The project involves the construction of a public health emergency treatment center on a GFA of 194,400m2 in Zhengzhou, Henan.
Construction work started in Q1 2024 and is forecast to complete in Q1 2027.
The purpose of this project is to increase the medical and health resources within the area, meet the increasing requirements of health services and provide new equipment and monitoring systems that would improve health care service in the China region. Buy the profile here.
4. Beijing University Stomatological Hospital Sanya Branch
The project involves the expansion of a 100-bed hospital (80 ordinary and 20 special bed) and 150 comprehensive treatment tables (140 general treatment tables and 10 cadre health care treatment tables) on 6.95ha site area and a GFA of 87,031m2 in Haitang Bay of Sanya, Hainan.
Construction work commenced in Q1 2024 and is expected to be completed in Q4 2025.
The project aims to build a hospital to provide the region with better healthcare services.
5. Shijiazhuang Fifth Hospital Emergency Campus Development
The project involves the construction of a 321-bed emergency campus on a GFA of 24,252.96m2 in Shijiazhuang, Hebei.
Construction work started in Q1 2024 and is expected to be completed in Q4 2026.
The project aims to provide quality services for patients and enhance healthcare services. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
