Jiu Zhou and TNC International Acquire Lahore Citi Hospital

A significant development has taken place in the healthcare sector of Pakistan as Jiu Zhou, a prominent Chinese company, has partnered with Pakistan’s TNC International to acquire Lahore Citi Hospital. This collaboration involves a substantial investment of Rs700 million aimed at elevating the medical services provided by the hospital. The primary goal of this acquisition is to raise the healthcare standards in Lahore by upgrading medical equipment and facilities to meet global benchmarks.

Since its establishment on June 1, 2024, Lahore Citi Hospital has undergone significant transformations. The hospital now boasts cutting-edge departments, advanced machinery, and state-of-the-art technologies to ensure comprehensive medical care for the residents of Lahore.

The joint venture between Jiu Zhou and TNC International represents a strategic partnership focused on enhancing the medical infrastructure in Pakistan. This collaboration has already resulted in the successful launch of GEO PAK International Hospital in Lahore, showcasing the initial outcomes of their joint efforts.

With Jiu Zhou acquiring an 80% stake in Lahore Citi Hospital, there is a strong commitment to facilitating the entry of Chinese enterprises into Pakistan. The partnership aims to attract investments in various sectors including livestock, automotive, mining, agriculture, technology, and solar energy, signaling a positive trend for economic growth in the region.

Wang Yanfei, the CEO of Jiu Zhou, shared insights into their investment journey in Pakistan, emphasizing the interest expressed by the Henan business delegation during their visit in March 2024. Following a comprehensive market analysis, the decision was made to invest in Lahore Citi Hospital, securing a 10-year lease. This venture marks the company's entry into Pakistan's promising market with plans for extensive growth across diverse sectors.

The acquisition of Lahore Citi Hospital not only reflects China's increasing confidence in Pakistan's economic potential but also positions the country as an attractive destination for international investments. The collaboration between Jiu Zhou and TNC International sets a precedent for future developments aimed at strengthening Pakistan’s healthcare sector and driving economic progress.

The acquisition of Lahore Citi Hospital by Jiu Zhou in partnership with TNC International marks a significant step towards enhancing healthcare services in Pakistan. This collaboration not only signifies a boost in medical infrastructure but also paves the way for increased investments and economic growth in the country. The joint efforts of these companies highlight the importance of international partnerships in advancing healthcare standards and fostering development in emerging markets.