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BackNew Taipei City plans to build Banqiao Medical Park in BOT mode with an investment of 12.5 billion yuan
New Taipei City plans to build Banqiao Medical Park in BOT mode with an investment of 12.5 billion yuan
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自由时报1 hour agoBusiness2 min readChinaView original

New Taipei City plans to build Banqiao Medical Park in BOT mode with an investment of 12.5 billion yuan

Quick Look

  • The New Taipei City Government and Mr.
  • Xu Yuanzhi Medical Foundation signed a BOT project for the Banqiao Medical Park.
  • The total investment is about 12.5 billion yuan.

AI-generated summary

Why It Matters

The original medical resources in Banqiao District, New Taipei City, are relatively scattered. Although the post-community living circle has basic living functions, it lacks large-scale comprehensive medical facilities. This BOT cooperation model aims to use private resources to build medical parks and increase the capacity of regional medical services.

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The New Taipei City Government plans to build the "Banqiao Medical Park" through a build-and-operate-transfer (BOT) approach. (The picture shows the New Taipei City Health Bureau, file photo, photographed by reporter Huang Ziyang)

New Taipei City's Banqiao District has added another large-scale medical construction. The city government recently signed the "Banqiao Medical Park Construction and Operation Transfer Plan" with the medical consortium Mr. Xu Yuanzhi Medical Foundation. The total investment amount is approximately 12.5 billion yuan. It is expected that the existing above-ground structures will be demolished before construction starts at the end of this year. In the future, a 4-story underground and 14-story above-ground medical building will be built. There are 513 beds and 148 long-term care beds planned, and the Banqiao Medical Park is located in the Banqiao Shehou Living Circle. For the region, in addition to increasing the amount of medical services, it also complements the large-scale medical facilities in Banqiao's old urban area. In terms of the housing market, housing prices in the Shehou Living Circle have increased significantly in recent years, and the overall average transaction price in 2026 has exceeded one million yuan.

The total investment amount of the Banqiao Medical Park is approximately 12.5 billion yuan, of which the New Taipei City Government invested 910 million yuan. The medical consortium Mr. Xu Yuanzhi Medical Foundation will subsequently be responsible for planning, design and construction. The new building is planned to have 4 floors underground and 14 floors above ground, with a total of 513 beds, and 148 long-term care beds. It will also be equipped with 24-hour emergency, children's emergency medical and maternal and child medical services. The city government pointed out that in the future, it will also connect the medical resources of Yadong Medical Center to provide acute medical care, rehabilitation and long-term care services. For Banqiao, after the completion of this large-scale medical construction, it will add medical services to the existing living functions.

Please read on...

Bi Wujie, director of the news and public relations department of 591 House Trading Network, pointed out that the Shehou living area is an area that developed earlier in Banqiao. The main roads include Zhongzheng Road and Minquan Road. Commercial activities are mostly concentrated on the two main roads. Daily purchases have a certain foundation. There are Quanlian and Xingde Markets in the area. Public facilities include Banqiao Second Sports Stadium and Banqiao National Sports Center. The school district covers Guoguang Elementary School, Wende Elementary School and Xinpu Elementary School. There are also medical resources such as United Hospital.

In terms of transportation, there is currently no MRT station in the area, but major roads such as Zhongzheng Road and Minquan Road can be used to communicate with the outside world. The overall living functions are relatively mature. The arrival of a large-scale medical park has become a new change in regional public construction. The performance of housing prices is another significant change in the post-socialist living circle in recent years. According to the latest real-price registration data, the transaction unit price of new projects in the area will start to increase in 2025, and the overall average transaction price will rise to 735,700 yuan. As of October 2026, the overall average transaction price has reached 1.1478 million yuan, an astonishing increase.

What to Watch

AI outlook — possibilities, not facts

  • Banqiao Medical Park will start construction at the end of this year

    Very likely · Within months

  • Housing prices in Banqiao community will continue to rise due to the impact of the construction of the medical park

    Likely · Within months

Open Questions

  • When is the medical park expected to be completed and operational?
  • How will the 910 million yuan invested by the New Taipei City Government be allocated and used?
  • Will other medical institutions participate in the park's operational cooperation?

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This article was originally published by 自由时报.

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