Hiking Group and Severance Hospital are in the same boat

Yonsei University, Severance Hospital is going to build the general hospital equipped with a thousand beds. Director of Severance Hospital, Jeong Nam Sik, achieved to agree to the Memorandum Of Agreement (MOA) with president Chang Gun-Hwa, of Hiking Group. With the MOA agreed, they focus on constructing the general hospital in the area where the Chingdao Health City Project is being implemented. At the newly built general hospital supported by Severance Hospital, a comprehensive medical health theme park will be developed including the multiple kinds of facilities like a recreation area, a vacationland theme, a lake town, and an education area.
Source: http://www.ajunews.com/view/20141017142714623