The ADB Loan Demonstration of Guangxi Elderly Care and Health Care Integration and Public-Private Partnership Project X-CS4: Technical Capacity Development in Elderly Care Sector Contract is made on the 15th day of the month of August, 2023, between, on the one hand, Guangxi Foreign Loan Projects Management Office (GPMO) and, on the other hand, a Joint Venture of Easen International Co., Ltd and Jiangxi Provincial Changtian Healthcare Investment Group Co.,Ltd. and Silver Age (Beijing) Health Consulting Co.,Ltd.
The total investment of the project is approximately RMB 1.2986 billion, of which the equivalent of USD 100 million is a loan from the Asian Development Bank (ADB). This project has six main contents, namely (i) strengthening the discharge management system (PIEs) of the target hospital; (ii) Construct five elderly care institutions in Hezhou City and Nanning City, and construct a medical institution in Nanning City with a design suitable for the elderly and gender sensitive medical facilities; (iii) Building elderly care institutions to operate elderly care facilities; (iv) Strengthen the ability of PIE to provide appropriate rehabilitation treatment (physical, occupational, and speech therapy); (v) Strengthen the ability of PIE operated elderly care institutions to fully provide nursing services, such as daily life care, dementia care, and end-of-life care; Develop a capacity building plan for PIE and (vi) further enhance its capabilities to ensure proper and sustainable operation and provision of nursing services. This project will construct and operate elderly care institutions in Hezhou City through PPP to support the provision of medical services.