In a memorandum of understanding (MOU) signed last Wednesday, both companies agreed to deliver joint venture services for the operation, management and maintenance of local medical facilities.
"Our healthcare system is under increasing pressure as the population in Hong Kong and elsewhere continues to age. Demand for high quality healthcare facilities is not only greater than before but also rising,” said Otto Poon, chairman of ATAL Engineering Group.
He added: “Through this partnership, ATAL and Chinachem are uniquely positioned to seize the opportunities in delivering healthcare services which not only satisfy the community needs but also enable us to gain a larger foothold in healthcare sector in the local market and beyond."
Established in 1977, ATAL Established is a leading electrical and mechanical engineering (E&M) service provider in Hong Kong, with operations in Macau, Mainland China, the UK and the US. Its comprehensive E&M engineering and technology services cover building services, environmental engineering, information, communications and building technologies ("ICBT") and lifts & escalators. ATAL has lent its expertise in multi-disciplinary E&M engineering and technology services for healthcare sector including private and public hospitals over the years.
On the other hand, property developer Chinachem Group has been building residential, commercial, retail and industrial buildings in Hong Kong since 1960. The group also provides professional property management, while its subsidiary Nina Hospitality has expertise in hotel management.
"Partnership lies at the heart of Chinachem's successes. By aligning with companies and organisations that share similar values to our own, we're able to forge alliances for the long term,” said Donald Choi, executive director and CEO, Chinachem Group.
“By making good use of the respective competitive advantages, a new cooperation model could be brought into medical sector. We also wish to be the leader of property management for healthcare facilities,” Choi said.