Work began last week on the Zhuhai-Macao Translational Medical Center and Institute, according to an official statement.
The facility is being built at a cost of 2 billion yuan ($2.23 billion patacas) and will form part of the Fifth Affiliated Hospital of Sun Yat-sen University in Zhuhai.
When complete, the 25-acre complex will be a hub for the treatment of major diseases and research in translational medicine – a highly collaborative and multidisciplinary branch of biomedicine that aims to radically reduce the time it takes to turn scientific discoveries into readily available medical treatments.
Some 300 beds at the facility will be reserved for research, with an emphasis on cardiovascular and cerebrovascular diseases, cancers, infectious diseases, new medicines and advanced medical manufacturing.
The Zhuhai-Macao Translational Medical Center and Institute will be the first of its kind on the west bank of the Pearl River estuary, officials say.
Healthcare and life sciences have been attracting keen interest from policymakers and investors in the Greater Bay Area, with healthcare forming a key component of Macao’s economic diversification strategy.