Financing healthcare projects in KSA, unlocking the “hidden” value

Financing healthcare projects in KSA, unlocking the “hidden” value

Dubai, United Arab Emirates: – Colliers, a leading diversified professional services and investment management company focusing on healthcare issued its latest white paper ‘Unlocking the “Hidden” Value’ on Financing Healthcare Projects in the Kingdom of Saudi Arabia. The paper is the 17th edition of the “Pulse Series” of research papers on healthcare in the MENA Region.

The paper highlights that the Kingdom of Saudi Arabia is one of the largest markets in the region and the biggest in the GCC. KSA’s Vision 2030 combined with its population base of 35 million, the largest in the GCC, is driving fundamental structural changes across the Kingdom’s economy, including healthcare. With the introduction of several legal and economic incentives, including 100% foreign ownership, the healthcare sector is amongst the most attractive sectors in the Kingdom offering numerous opportunities for private sector operators and investors.

Mansoor Ahmed, Executive Director - Healthcare, Education, Development Solutions & PPP at Colliers, MENA, highlighted, “based on Colliers’ estimation, KSA will require approximately 19,000 – 20,000 additional beds by 2030, however, two of the biggest factors hindering the growth of KSA’s healthcare sector is the high cost of land and limited funds available for capital expenditure, especially for the construction of