The Yonsei medical project officially settled in the international ecological health city of Laoshan district, Qingdao.

The project will highlight the Qingdao Yonsei International Hospital. It will help to introduce a number of world-class specialized hospitals to support the R&D and production of biopharmaceuticals to achieve industrial linkage and mutual support with integrated hospitals.

The project has a total investment of 3 billion yuan ($47.67 million). It is planned to start construction in June this year and put into use by 2020.